Verbatim from the venue. The analyst must quote these, never paraphrase.
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.50% following the Federal Reserve's Dec 9, 2026 meeting, then the market resolves to Yes.
This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 9, 2026 meeting or one week following the last day of that meeting.
opens
Aug 6, 2025 · 2:30 PM UTC
closes
Dec 9 · 6:55 PM UTC · may close early
expires
Dec 9 · 7:05 PM UTC
floor
3.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
3d ago
98¢
2¢
18
yes
4d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2026-12-09T18:55:00Z
created_time2025-08-06T14:29:24.100133Z
event_tickerKXFED-26DEC
exchange_index
Yes ask (no bid)SizeYes
ask1,62999¢
ask9,95298¢
spread1¢mid 98¢
bid1797¢
bid1,00796¢
bid5,76295¢
bid5392¢
bid30091¢
bid15384¢
bid95383¢
bid1,47181¢
Yes bid (no ask)SizeYes
97¢
3¢
18
no
4d ago
98¢
2¢
5
yes
4d ago
98¢
2¢
15
yes
4d ago
95¢
5¢
15
no
4d ago
95¢
5¢
72
no
4d ago
98¢
2¢
10
yes
4d ago
95¢
5¢
42
no
4d ago
97¢
3¢
21
no
6d ago
97¢
3¢
704
yes
6d ago
97¢
3¢
1
yes
6d ago
97¢
3¢
549
yes
7d ago
95¢
5¢
31
no
7d ago
96¢
4¢
31
no
7d ago
95¢
5¢
109
no
7d ago
96¢
4¢
0.16
no
7d ago
96¢
4¢
0.16
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
9d ago
94¢
6¢
1
no
0
expected_expiration_time2026-12-09T19:05:00Z
expiration_time2026-12-16T19:05:00Z
expiration_value
floor_strike3.5
last_price_dollars0.9800
latest_expiration_time2026-12-16T19:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.0300
no_bid_dollars0.0200
no_sub_titleAbove 3.50%
notional_value_dollars1.0000
open_interest_fp18142.62
open_time2025-08-06T14:30:00Z
previous_price_dollars0.9800
previous_yes_ask_dollars0.9800
previous_yes_bid_dollars0.9700
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.50% following the Federal Reserve's Dec 9, 2026 meeting, then the market resolves to Yes.
rules_secondaryThis market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 9, 2026 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle3.50%
tickerKXFED-26DEC-T3.50
titleWill the upper bound of the federal funds rate be above 3.50% following the Fed's Dec 9, 2026 meeting?