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 provided in the MR section, including the Source Agency responsible for confirming the event outcome, to independently verify the results.
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How is the event outcome decided?
The event outcome is decided on the basis of the “Source of Settlement”, which is always listed at the bottom of any event’s “Market Info” tab.
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, ...
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.
Though the event is cancelled, why is the money not getting reflected in my wallet?
In case of an event cancellation, all money invested (along with the trading commission) in the event will be refunded to the user’s wallet within 24 hours of the cancellation. In case the issue still persists, do write to us at mail@tradexapp.co ...
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 ...