Will the United States Congress Pass New Aid to Ukraine by the End of February 2024?
Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee | Maker Subsidy |
|---|---|---|---|---|
| 2024-01-01 | 2024-02-29 | USD | 0.075% | -0.05% |
Rules
This is a market on whether the US will pass a new aid package to Ukraine by the end of February 2024. To qualify, the package must include at least $1 billion in new spending.
A consensus of credible reporting will be used.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 .05 times the price, times the potential profit (e.g., Maker Subsidy per share = .05*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*.05*(20/100)*(80/100) = $0.80, and the taker fee would be $1.20. The full fee schedule is here. End Date: 2/29/2024