What are event contracts?
Event contracts are structured as questions about future events that can be answered by a simple Yes or No. Each contract has a price for yes and a corresponding price for no that can range from ₹0.99 to ₹99.99. Once the outcome of the event has been determined, TradeX will pay out ₹100 for each correct contract, and ₹0 otherwise.
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Event Dynamics & Portfolio Management
Understanding shares and contracts is vital for navigating the TradeX platform effectively. This article explores the concept of event shares and provides insights into managing your portfolio efficiently. Understanding Event Shares Event shares ...
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 ...
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 ...
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, you can raise a support ticket. To ...