Can I bid both on Yes and No shares at the same time on the same event?
Yes, you can bid on both positions and hedge your positions. Feel free to exit the unfavourable position when you are more certain about the outcome of the event.
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What is event shares?
In TradeX, "share" typically refers to a unit of ownership in a specific event outcome or market. TradeX is a platform for trading on the outcomes of future events, such as political elections or economic indicators. When you buy a share in TradeX, ...
How to buy shares?
You can select a particular event on which you want to bid from the home tab. After choosing the event, select the desired option between Yes and No. You can match an existing open bid or place a new bid at the ongoing price.
How should I decide whether to bid in the event or not?
TradeX is a game of skill. Although you don't need prior knowledge of stock market trading for using TradeX, you do need to know about the category you're trading in. If you think you have adequate knowledge and can predict the outcome of a ...
I placed a bid on some event, that event never happened, what will happen to my bids?
In that case, the amount will be refunded to your account along with the applicable trading fee within 24 hours of the cancellation of the event.
How event settlement work?
The event settles as established in the market rules. You can find the settlement date and rules for each event on its Market Page. Event settlements are designed to be verifiable by any market participant. Familiarize yourself with the details ...