What is event shares?

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, you're essentially investing in a prediction about whether a particular event will occur or not. If the event occurs as predicted, the share's value will increase; if not, it will decrease. Shares allow users to participate in trading on the platform and potentially earn profits based on the accuracy of their predictions.

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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 ...

    • 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.

    • How to buy shares?

      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.

    • 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 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 ...