- What is the “Record low border encounters in April?” market asking?
- It asks whether the following will happen: Record low border encounters in April? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved No on 12 May 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- In February 2025 (FYTD) there were 28,654 border encounters, the lowest on record (see: https://www.cbp.gov/newsroom/stats/nationwide-encounters) This market will resolve to "Yes" if there are less than 28,654 for April 2025 (FYTD). Otherwise this market will resolve to "No". This market will resolve based on the first report of data for April 2025, regardless of future revisions. If no data is posted for April 2025 (FYTD) by July 31, 2025, 11:59 PM ET, this market will resolve to "No". The resolution source is United States Customs and Border Protection (see:…
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
