Will There Be a Major Challenger to Kamala for Democratic Nomination?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-07-31 | 2024-07-22 11:22 ET | 2024-08-22 | USD | 0.075% |
Rules
This market will resolve to “Yes” if any major candidate announces they are challenging Kamala Harris for the Democratic nomination for President of the United States between July 22, 2024, and the moment the Democratic nominee is announced. A major candidate is defined as any current or former Senator, Governor, House member (congressman), Cabinet member, or former President/First Lady. Otherwise, this market will resolve to "No." This market will resolve to "No" if Kamala Harris officially wins the Democratic Nomination before a major challenger has announced. If Kamala Harris drops out, before a candidate has announced a challenge this market will resolve to "No". The resolution source 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. 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.