TIMELINE
1
Event begins
2
Event ends
Results are determined
3
Payment issued
Shortly after results are determined
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" if at least one team seeded 10 or higher (i.e., seed numbers 10 through 16) reaches the Round of 4 in the College Basketball tournament. Otherwise, this market will resolve to "No". For the purposes of this market, reaching the Round of 4 means a team has advanced to play in a Round of 4 game as reflected in the official bracket and official game results. If a game result is vacated, forfeited, or administratively awarded, the advancing team will be the official recorded winner and will be used for settlement purposes. The primary resolution source for this market will be official information from the league governing College Basketball. The official resolution sources are the agencies listed in Rule 14.67(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 14.67(c) in the CDNA Rulebook
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