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 Oct 28, 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 Oct 28, 2026 meeting or one week following the last day of that meeting.
opens
Aug 6, 2025 · 2:30 PM UTC
closes
Oct 28 · 5:55 PM UTC · may close early
expires
Oct 28 · 6:05 PM UTC
floor
3.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
7d ago
98¢
2¢
200
no
7d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2026-10-28T17:55:00Z
created_time2025-08-06T14:29:01.961028Z
event_tickerKXFED-26OCT
exchange_index
Yes ask (no bid)SizeYes
spread–mid –
bid13.8k98¢
bid7,00097¢
bid10.7k96¢
bid3,76695¢
bid10093¢
bid1,09792¢
bid30091¢
bid11187¢
Yes bid (no ask)SizeYes
98¢
2¢
242
no
10d ago
99¢
1¢
22
yes
10d ago
99¢
1¢
200
yes
10d ago
99¢
1¢
22
yes
10d ago
97¢
3¢
15
no
11d ago
96¢
4¢
14
no
11d ago
97¢
3¢
13
no
11d ago
97¢
3¢
177
yes
11d ago
97¢
3¢
1,019
yes
15d ago
97¢
3¢
1
yes
16d ago
96¢
4¢
1
no
16d ago
97¢
3¢
130
yes
16d ago
96¢
4¢
37
yes
16d ago
96¢
4¢
175
yes
17d ago
95¢
5¢
85
no
17d ago
96¢
4¢
100
yes
17d ago
95¢
5¢
9
no
17d ago
95¢
5¢
11
no
18d ago
96¢
4¢
7.65
yes
18d ago
96¢
4¢
667
yes
20d ago
95¢
5¢
1
no
21d ago
95¢
5¢
85
yes
22d ago
95¢
5¢
4
no
22d ago
95¢
5¢
24
no
0
expected_expiration_time2026-10-28T18:05:00Z
expiration_time2026-11-04T18:05:00Z
expiration_value
floor_strike3.5
last_price_dollars0.9800
latest_expiration_time2026-11-04T18:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.0200
no_bid_dollars0.0000
no_sub_titleAbove 3.50%
notional_value_dollars1.0000
open_interest_fp7405.96
open_time2025-08-06T14:30:00Z
previous_price_dollars0.9800
previous_yes_ask_dollars1.0000
previous_yes_bid_dollars0.9800
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 Oct 28, 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 Oct 28, 2026 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle3.50%
tickerKXFED-26OCT-T3.50
titleWill the upper bound of the federal funds rate be above 3.50% following the Fed's Oct 28, 2026 meeting?