- What is the “Silver (SI) Up or Down on March 12?” market asking?
- It asks whether the following will happen: Silver (SI) Up or Down on March 12? 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 Mar 12, 2026. After the close no new trades are accepted and the outcome is settled by the resolution source.
- How does this market resolve?
- This market will resolve to "Up" if, on Thursday, March 12, 2026, the official CME settlement price for the Active Month (front month) of Silver (SI) futures is higher than the previous trading day's official settlement price for the same Active Month contract. This market will resolve to "Down" if, on Thursday, March 12, 2026, the official CME settlement price for the Active Month (front month) of Silver (SI) futures is lower than the previous trading day's official settlement price for the same Active Month contract. For CME Silver (SI) futures contracts, the Active Month is the nearest of… Resolution source: https://www.cmegroup.com/markets/metals/precious/silver.settlements.html.
- 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.
