- What is the “UK election called before 2025?” market asking?
- It asks whether the following will happen: UK election called before 2025? 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 1 Jan 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if the date of the next UK general election is declared before December 31, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". For this market to resolve to "Yes" it is only necessary that the election date be declared, not that the election actually occur within the market timeframe. (e.g. if on December 23, 2023 an election is scheduled for March 23, 2025, this market will resolve to "Yes"). The primary resolution source for this market will be official information from the government of the United Kingdom, however a consensus of credible…
- 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.
