What is an information market?
Information Market is a marketplace, where highly debatable topics get published as an event, and people express their opinion by placing their bids either on Yes or No, based on the likelihood of the outcome of the event.
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What is TradeX?
What is TradeX? TradeX is an information exchange platform for trading on future topics (like stocks, businesses, politics, weather, etc.) by predicting the outcome with a simple Yes or No. Pretty easy right? This is called an information market. ...
Who settles the events?
TradeX, event settlement typically occurs through a combination of automated processes and human oversight. Here's how it generally works: Automated Processes: Many events can be settled automatically based on predefined criteria or data sources. For ...
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.
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 a position?
Your position in a market is the direction and quantity of contracts that you own in that market. If you own both, Yes and No contracts in a market, your position’s “direction” is Yes if you own more Yes contracts than No contracts, and vice versa. ...