Question 1

What is the “Will the Bank of Canada decrease the target for the overnight rate by 50+ bps at the…” market asking?

Accepted Answer

It asks whether the following will happen: Will the Bank of Canada decrease the target for the overnight rate by 50+ bps at the July interest rate announcement? It is one of the markets in the Polymarket event “Bank of Canada Decision in July?”. Traders buy Yes shares if they think it will and No shares if they think it will not.

Question 2

What do the Yes and No prices mean?

Accepted Answer

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.

Question 3

When does this market close?

Accepted Answer

Trading is scheduled to close on Jul 15, 2026. After the close no new trades are accepted and the outcome is settled by the resolution source.

Question 4

How does this market resolve?

Accepted Answer

This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement. The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as…

Question 5

What is the difference between volume, liquidity and open interest?

Accepted Answer

24h volume ($4.19K) 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.

Question 6

Who holds the biggest positions in this market?

Accepted Answer

Vultax loaded 29 public holder wallets for this market; the largest ten hold 94.3% of the loaded shares. The Holders view lists them by size on each side, and every wallet links to its trader profile.

Question 7

Where does this data come from and how fresh is it?

Accepted Answer

Prices, the order book, holders and the trade tape come from Polymarket's public order book and data API. Vultax records each observation with its own timestamp (market facts last updated Jul 15, 3:49 PM) and shows a value as unavailable rather than as zero when a source has not answered.

Question 8

Can I trade this market on Vultax?

Accepted Answer

No. Vultax is a research and paper-trading terminal; it does not execute orders. The trade controls open the official market on Polymarket (https://polymarket.com/event/will-the-bank-of-canada-decrease-the-target-for-the-overnight-rate-by-50-bps-at-the-july-interest-rate-announcement) or the Vultax predictions monitor, where you can track the market and paper trade it.

Trader	Outcome	Shares	Avg entry	Cost basis	Last trade
Indigo Signal 2966	No	2.94K	0.0%	$0
wizardsmagic	Yes	443.71	0.2%	$443.71

Trader	Current holding value
Indigo Signal 2966	$2.94K
wizardsmagic	$0
balthazar	$0
Deafening-Possible	$0
cry.eth2	$0
TENETENET	$0
fm14	$0
akunai	$0
Placidpickerel	$0
cwc909	$0
triklozoid	$0
pentacap	$0

Will the Bank of Canada decrease the target for the overnight rate by 50+ bps at the July interest rate announcement?

Bank of Canada Decision in July?

Questions about this market