TIMELINE
1
Opens
2
Closes
3
Payment issued
1 hour after results are determined
TRENDING MARKETS
Disclaimer:
Prediction is an event contract that is a derivatives product offered by Crypto.com | Derivatives North America (CDNA), a CFTC-regulated exchange through OG technology. Trading on CDNA involves risk and may not be appropriate for all. By trading you risk losing your cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk.
HOW IT WORKS
This market will resolve to "Yes" for any specified company that officially confirms an Initial Public Offering (IPO) before January 1, 2027. Otherwise, the market for that company will resolve to "No". An IPO is considered "confirmed" if any of the following three events occur: 1. The Securities and Exchange Commission (SEC) declares the company's Form S-1 registration statement effective. 2. The company releases a formal press release or news release that announces the completion of its IPO If any of these conditions are met, the market will resolve to "Yes" immediately, regardless of whether the company actually begins public trading before or after January 1, 2027. The primary resolution source for this market will be official filings from the SEC or announcements from national securities exchanges or news agencies. Secondary verification will be sourced from the following news agencies: The New York Times, The Wall Street Journal, Bloomberg, BBC, ABC, Reuters, CNBC, and the Financial Times. The official resolution sources are the agencies listed in Rule 14.68(c) in the CDNA Rulebook, which can be found here [https://www.nadex.com/rules/]. Liquidity may be low while the event is live. Trading is temporarily paused during scheduled maintenance periods. Settlement Source: Rule 14.68(c) in the CDNA Rulebook
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