Verbatim from the venue. The analyst must quote these, never paraphrase.
If the President of South Africa is the first leader among the above to leave office, then the market resolves to Yes.
An announcement that a leader will leave their position is not sufficient to resolve the Payout Criterion; the individual must actually leave and no longer hold the title. If any leader leaves solely because they have died, then all markets will resolve and the Exchange will determine the payouts to the holders of long and short positions based upon the last traded price (prior to the death) or another fair price.
opens
Feb 6, 2025 · 3:00 PM UTC
closes
Jan 1, 2035 · 3:00 PM UTC · may close early
expires
Jan 1, 2035 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
No trades yet.
Raw payload
Exactly what the API returned for this market.
Show JSON
market42
can_close_earlytrue
close_time2035-01-01T15:00:00Z
created_time2025-02-05T22:33:11.352348Z
custom_strike1
Person
Cyril Ramaphosa
early_close_conditionThis market will close and expire early if a leader leaves office.
event_tickerKXAFRICALEADEROUT-35
exchange_index0
expected_expiration_time2035-01-01T15:00:00Z
expiration_time2035-01-01T15:00:00Z
expiration_value
last_price_dollars0.0900
latest_expiration_time2035-01-01T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.8800
no_bid_dollars0.8400
no_sub_titleCyril Ramaphosa
notional_value_dollars1.0000
open_interest_fp1621.17
open_time2025-02-06T15:00:00Z
previous_price_dollars0.0900
previous_yes_ask_dollars0.1600
previous_yes_bid_dollars0.1200
price_level_structuretapered_deci_cent
price_ranges3
[0]3
end0.1000
start0.0000
step0.0010
[1]3
end0.9000
start0.1000
step0.0100
[2]3
end1.0000
start0.9000
step0.0010
result
rules_primaryIf the President of South Africa is the first leader among the above to leave office, then the market resolves to Yes.
rules_secondaryAn announcement that a leader will leave their position is not sufficient to resolve the Payout Criterion; the individual must actually leave and no longer hold the title. If any leader leaves solely because they have died, then all markets will resolve and the Exchange will determine the payouts to the holders of long and short positions based upon the last traded price (prior to the death) or another fair price.
settlement_timer_seconds1800
statusactive
strike_typecustom
subtitle:: President of South Africa
tickerKXAFRICALEADEROUT-35-CR
titleWill Cyril Ramaphosa leave office next in this set?