Will Hillary Clinton call on Biden to drop out?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-07-13 | 2024-06-28 13:52 ET | 2024-08-31 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Hillary Clinton publicly states that Joe Biden should drop out of the 2024 presidential race before 12:00 AM ET on the first day of the Democratic National Convention, currently scheduled for August 19, 2024. Otherwise, this market will resolve to "No." Statements that the Democratic party should nominate another candidate other than Joe Biden will also qualify for a “Yes” resolution. Statements that are hedged or express ambiguity, such as “We need to consider our options for the nominee” will NOT qualify for a “Yes” resolution. If the DNC does not begin by August 31, and Hillary Clinton has not called for Biden to leave the ticket, this market will resolve to "No." The primary resolution source for this market will be official statements by Hillary Clinton or her official representative(s); however, a consensus of credible reporting may also be used.
There are "taker fees" on this market. The taker fees apply when you match an existing order on the order book. 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.