- What is the “Record low border encounters in May?” market asking?
- It asks whether the following will happen: Record low border encounters in May? 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.
- When does this market close?
- Trading is scheduled to close on Aug 31, 2025. After the close no new trades are accepted and the outcome is settled by the resolution source.
- 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 May 2025 (FYTD). Otherwise this market will resolve to "No". This market will resolve based on the first report of data for May 2025, regardless of future revisions. If no data is posted for May 2025 (FYTD) by August 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?
- 24h volume ($36.52K) is the dollar value of shares traded in the last 24 hours. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
- Who holds the biggest positions in this market?
