Will China Invade Taiwan in 2024?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-06-09 | 2024-02-01 05:26 ET | 2024-12-31 | USD | 0.075% |
Rules
This market will resolve to "Yes" if China starts a military offensive intended to establish control over any portion of mainland Taiwan by December 31, 2024, 11:59 PM ET (small disputed islands such as the Spratly Islands do not count). Otherwise, this market will resolve to "No". The resolution source for this market will be will be official confirmation by China, Taiwan, 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.