How Many Republican Governors Will There Be After the Midterms?
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| Ask Price | Ask Size |
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| Implied Probability: | - |
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Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee | Maker Subsidy |
|---|---|---|---|---|
| 2022-11-04 | 2023-02-11 | USD | 0.075% | -0.025% |
Rules
This market will resolve positively to the bracket containing the number of US State governors with a Republican party affiliation on February 10, 2023 at 11:59PM ET. Party affiliation will be determined by the governor's ballot-listed party affiliation, or if necessary, credible reporting regarding their party affiliation at the time of their election. End Date: 02/11/2023
There are "maker subsidies" and "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 is matched later. The maker subsidies are .025 times the price, times the potential profit (e.g., Maker Subsidy per share = .025*Price/100*(1-Price/100)). The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.025*(20/100)*(80/100) = $0.40, and the taker fee would be $1.20. The full fee schedule is here.