Verbatim from the venue. The analyst must quote these, never paraphrase.
If Richard Marles becomes Prime Minister of Australia as a result of government formation following the next Australian federal election for the House of Representatives and meets all constitutional requirements before Sep 23, 2029, then the market resolves to Yes.
The market resolves to the first person who, as a result of government formation following the election, is formally appointed, sworn in, or invested as Prime Minister according to the country's constitutional procedures, commands the confidence of the parliament/legislature, and exercises the full powers of the office (not serving in a caretaker/acting capacity from the previous government).
If no government forms by Sep 23, 2029, the Contract resolves to "No one" if that is an option and No for all other strikes. If new elections are called before government formation, the Contract resolves to "No one" immediately and No for all other strikes.
opens
Jul 9 · 8:31 PM UTC
closes
Sep 23, 2029 · 2:00 PM UTC · may close early
expires
Sep 23, 2029 · 2:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
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Raw payload
Exactly what the API returned for this market.
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market43
can_close_earlytrue
close_time2029-09-23T14:00:00Z
created_time2026-07-09T20:10:24.500937Z
custom_strike1
Order book
Top of book, both sides expressed as YES prices.
Order book unavailable.
Person
Richard Marles
early_close_conditionThis market will close and expire early if a person is formally appointed and invested as Prime Minister.
event_tickerKXAUSTPM-28SEP23
exchange_index0
expected_expiration_time2029-09-23T14:00:00Z
expiration_time2029-09-23T14:00:00Z
expiration_value
last_price_dollars0.0800
latest_expiration_time2029-09-23T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9800
no_bid_dollars0.9100
no_sub_titleRichard Marles
notional_value_dollars1.0000
occurrence_datetime2029-09-23T14:00:00Z
open_interest_fp24.35
open_time2026-07-09T20:31:00Z
previous_price_dollars0.0800
previous_yes_ask_dollars0.2700
previous_yes_bid_dollars0.0200
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Richard Marles becomes Prime Minister of Australia as a result of government formation following the next Australian federal election for the House of Representatives and meets all constitutional requirements before Sep 23, 2029, then the market resolves to Yes.
rules_secondaryThe market resolves to the first person who, as a result of government formation following the election, is formally appointed, sworn in, or invested as Prime Minister according to the country's constitutional procedures, commands the confidence of the parliament/legislature, and exercises the full powers of the office (not serving in a caretaker/acting capacity from the previous government).
If no government forms by Sep 23, 2029, the Contract resolves to "No one" if that is an option and No for all other strikes. If new elections are called before government formation, the Contract resolves to "No one" immediately and No for all other strikes.
settlement_timer_seconds1800
statusactive
strike_typecustom
subtitleRichard Marles:: Labor
tickerKXAUSTPM-28SEP23-RMAR
titleWill Richard Marles become Prime Minister of Australia following the next Australian federal election for the House of Representatives?