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 particular event, then just go ahead and place your bid. You can match an existing open bid or place a new reasonable bid for yourself.
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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 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 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. In case result is not updated on “Source of Settlement”, TradeX internal team will decide outcome based on ...
How do I know whether my bids are fulfilled or not?
You can check the status of your bid on any event, ongoing or closed, under the portfolio section. On clicking the portfolio tab, you can see the list of Events you have placed bids on. Here you can check the status of the bid. You can also, navigate ...
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 ...