- Contract Size
- $1 (1 US Dollar)
- Price Quotation
- USD Cents ($0.01)
- Minimum Price Increment
- $0.01 ($0.01 per contract)
- Price Bands
- (min) 0.01, (max) 0.99
- Trading Hours
- 24x7 with scheduled maintenance
- Trade Date
- 4:00 p.m CT on the previous day, up until immediately before 4:00 p.m. CT on the trade date.
- Expiry Date
- Scheduled event time plus 2 days
- Collateral Withheld
- Buyer: (Trade Price × No. of Contracts × Contract Size) + Fees
Seller: ((1 − Trade Price) × No. of Contracts × Contract Size) + Fees
- Settlement Date
- The contract shall be settled 48 hours after the scheduled expiry date.
- Final Settlement Price
- Contracts will settle to 1 if the event resolves to Yes and 0 if the event resolves to No. See Terms and Conditions for further details.
- Settlement Value
- Long positions = final settlement price × no. of contracts × contract size
Short positions = (1 − final settlement price) × no. of contracts × contract size
- Large Trader Reporting
- Not applicable