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 1.25% following the Federal Reserve's Mar 17, 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 Mar 17, 2027 meeting or one week following the last day of that meeting.
opens
Oct 13, 2025 · 2:00 PM UTC
closes
Mar 17, 2027 · 5:55 PM UTC · may close early
expires
Mar 17, 2027 · 6:05 PM UTC
floor
1.25
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
18d ago
97¢
3¢
1
yes
21d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2027-03-17T17:55:00Z
created_time2025-10-06T19:21:39.208257Z
event_tickerKXFED-27MAR
exchange_index
bid
46
62¢
bid1260¢
bid6757¢
bid3656¢
bid59055¢
Yes bid (no ask)SizeYes
97¢
3¢
1
yes
0
expected_expiration_time2027-03-17T18:05:00Z
expiration_time2027-03-24T18:05:00Z
expiration_value
floor_strike1.25
last_price_dollars0.9700
latest_expiration_time2027-03-24T18:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.1000
no_bid_dollars0.0000
no_sub_titleAbove 1.25%
notional_value_dollars1.0000
open_interest_fp592.10
open_time2025-10-13T14:00:00Z
previous_price_dollars0.9700
previous_yes_ask_dollars1.0000
previous_yes_bid_dollars0.9000
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 1.25% following the Federal Reserve's Mar 17, 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 Mar 17, 2027 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle1.25%
tickerKXFED-27MAR-T1.25
titleWill the upper bound of the federal funds rate be above 1.25% following the Fed's Mar 17, 2027 meeting?