Will **Real GDP** Increase by More Than 2.0% in 2022 Q3?
Market Information
Market Open Date | Market Close Date | Currency | Profit Fee |
---|---|---|---|
2022-08-22 | 2022-10-27 | USD | 0% |
Rules
This market resolves to "Yes" if real GDP increases by more than 2.0% in 2022 Q3. We will use the first release of GDP. Source: BEA.
There are "maker subsidies" and "taker fees" on this market. The taker fees apply when you match an existing order on the order book, whereas the maker subsidy happens when you place an unmatched order that can be matched later. The maker subsidies are .025 times the price, times the potential profit (e.g., Maker Subsidy per share = .025*Price/100*(1-Price/100)). The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.025*(20/100)*(80/100) = $0.40, and the taker fee would be $1.20. The full fee schedule is here. End Date: 10/27/2022