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 4.50% 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
4.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
2h ago
1¢
99¢
10
yes
3d 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
ask278¢
ask567¢
ask226¢
ask975¢
ask3,9184¢
ask5,0163¢
ask55.8k2¢
ask4871¢
spread–mid –
Yes bid (no ask)SizeYes
1¢
99¢
760
no
4d ago
2¢
98¢
20
yes
5d ago
2¢
98¢
599
yes
5d ago
2¢
98¢
1,000
yes
5d ago
2¢
98¢
740
yes
5d ago
2¢
98¢
1,000
yes
5d ago
2¢
98¢
147
yes
5d ago
1¢
99¢
45
yes
1mo ago
1¢
99¢
1
no
1mo ago
1¢
99¢
1
no
1mo ago
1¢
99¢
2
no
1mo ago
1¢
99¢
200
no
1mo ago
2¢
98¢
1
yes
2mo ago
1¢
99¢
400
no
2mo ago
1¢
99¢
17
no
2mo ago
4¢
96¢
1
yes
2mo ago
4¢
96¢
1
yes
2mo ago
3¢
97¢
2
no
2mo ago
3¢
97¢
2
no
2mo ago
4¢
96¢
2
yes
0
expected_expiration_time2026-10-28T18:05:00Z
expiration_time2026-11-04T18:05:00Z
expiration_value
floor_strike4.5
last_price_dollars0.0100
latest_expiration_time2026-11-04T18:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars1.0000
no_bid_dollars0.9900
no_sub_titleAbove 4.50%
notional_value_dollars1.0000
open_interest_fp4104.50
open_time2025-08-06T14:30:00Z
previous_price_dollars0.0100
previous_yes_ask_dollars0.0100
previous_yes_bid_dollars0.0000
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 4.50% 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
subtitle4.50%
tickerKXFED-26OCT-T4.50
titleWill the upper bound of the federal funds rate be above 4.50% following the Fed's Oct 28, 2026 meeting?