Will Israel Invade Lebanon before March?
Market Information
Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
---|---|---|---|---|
2024-02-11 | 2024-02-01 05:26 ET | 2024-02-29 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Israel commences a military offensive intended to establish control over any portion of Lebanon by February 29, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution source for this market will be will be official confirmation by Lebanon, Israel, the United Nations, or any permanent member of the UN Security Council, however a consensus of credible reporting will also be used.
There are "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 taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.