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.
What do the Yes/No prices mean?
The Yes/No prices that are displayed for a market simply represent the prices at which you’d need to purchase a contract to instantly get matched with another buyer. In other words, these prices are determined by the current bid and ask prices of the ...
How do I place my bid?
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.
I have changed my mind about my bid, can I cancel my bid?
Bid once placed on a particular event cannot be cancelled if it has matched against an order. However, one does have the option of selling their shares or hedging their position.
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 ...
What sets the price on the front page of the event?
The last successfully matched bid prices of Yes and No are displayed on the front page of the event.