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 Jan 27, 2027 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 Jan 27, 2027 meeting or one week following the last day of that meeting.
opens
Oct 6, 2025 · 2:00 PM UTC
closes
Jan 27, 2027 · 6:55 PM UTC · may close early
expires
Jan 27, 2027 · 7:05 PM UTC
floor
3.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
2d ago
97¢
3¢
0.01
yes
2d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2027-01-27T18:55:00Z
created_time2025-10-02T22:01:04.808344Z
event_tickerKXFED-27JAN
exchange_index
ask
113
99¢
ask7898¢
ask3397¢
ask4896¢
ask1295¢
spread6¢mid 92¢
bid3289¢
bid20088¢
bid4481¢
bid8780¢
bid6177¢
bid4276¢
bid3275¢
bid40574¢
Yes bid (no ask)SizeYes
93¢
7¢
82
yes
2d ago
97¢
3¢
7.96
yes
2d ago
92¢
8¢
15
yes
2d ago
92¢
8¢
0.11
yes
2d ago
92¢
8¢
0.01
yes
2d ago
92¢
8¢
11
yes
3d ago
80¢
20¢
21
no
3d ago
92¢
8¢
21
yes
4d ago
88¢
12¢
0.15
yes
4d ago
89¢
11¢
13
yes
4d ago
82¢
18¢
13
no
4d ago
84¢
16¢
9
yes
4d ago
85¢
15¢
17
yes
4d ago
86¢
14¢
44
yes
4d ago
81¢
19¢
1.98
yes
4d ago
82¢
18¢
18
yes
4d ago
83¢
17¢
16
yes
5d ago
77¢
23¢
16
no
5d ago
76¢
24¢
158
no
6d ago
89¢
11¢
20
yes
9d ago
78¢
22¢
2
no
10d ago
81¢
19¢
9.65
yes
10d ago
81¢
19¢
128
yes
10d ago
88¢
12¢
53
yes
0
expected_expiration_time2027-01-27T19:05:00Z
expiration_time2027-02-03T19:05:00Z
expiration_value
floor_strike3.5
last_price_dollars0.9700
latest_expiration_time2027-02-03T19:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.1100
no_bid_dollars0.0500
no_sub_titleAbove 3.50%
notional_value_dollars1.0000
open_interest_fp1749.51
open_time2025-10-06T14:00:00Z
previous_price_dollars0.9700
previous_yes_ask_dollars0.9500
previous_yes_bid_dollars0.8900
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 Jan 27, 2027 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 Jan 27, 2027 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle3.50%
tickerKXFED-27JAN-T3.50
titleWill the upper bound of the federal funds rate be above 3.50% following the Fed's Jan 27, 2027 meeting?