Trump ineligible to run for President?
Market Information
Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
---|---|---|---|---|
2024-06-05 | 2024-06-04 17:32 ET | 2024-11-01 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Donald Trump is barred from participating in 2024 U.S. Presidential Election. Otherwise, this market will resolve to “No”. A ruling that only affects Trump's eligibility in a certain state will not qualify. Only a full election ban such as from a federal court or by an act of Congress will qualify. A ban will result in an immediate “Yes” resolution even if the ban is later revoked or overturned. If no such ruling is made by the November 1, 2024, 11:59 PM ET this market will resolve to "No". The resolution source for this market will be a consensus of credible reporting.
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.