- What is the “Congress passes funding bill before Trump inauguration?” market asking?
- It asks whether the following will happen: Congress passes funding bill before Trump inauguration? 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 100.0¢ and No at 0.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 100.0% for Yes and 0.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved Yes on 21 Dec 2024. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- On December 18, Elon Musk tweeted "No bills should be passed Congress until Jan 20, when @realDonaldTrump takes office." You can read that tweet here: https://x.com/elonmusk/status/1869461048828522999 This market will resolve to "Yes" if the US House passes any government funding bill between December 18, 2024, 2:00 PM ET, and January 19, 2025, 11:59 PM ET. The bill must actually pass the US house for it to count toward a "Yes" resolution of this market. The primary resolution source for this market will be information from the US Government, however a consensus of credible reporting will…
- 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.
