Verbatim from the venue. The analyst must quote these, never paraphrase.
If the individual holding the title of Prime Minister of the United Kingdom at the time of Issuance is the first within G7 leaders to leave their position, then the market resolves to Yes.
The individual must actually leave office and no longer hold their title. An announcement of resignation or intention to leave is not sufficient.
In the event of death, the market will resolve to the last traded price prior to death, unless such a price is not available, not logically consistent, or not representative of a fair settlement value, in which case the Exchange may determine a fair value in its sole discretion.
early_close_conditionThis market will close and expire early if any leader in the set leaves office.
event_tickerKXG7LEADEROUT-26JUL20
exchange_index0
expected_expiration_time2045-01-01T15:00:00Z
expiration_time2045-01-01T15:00:00Z
expiration_value
last_price_dollars0.0100
latest_expiration_time2045-01-01T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars1.0000
no_bid_dollars0.9600
no_sub_titleAndy Burnham
notional_value_dollars1.0000
occurrence_datetime2045-01-01T15:00:00Z
open_interest_fp519.00
open_time2026-07-20T19:30:00Z
previous_price_dollars0.0100
previous_yes_ask_dollars0.0400
previous_yes_bid_dollars0.0000
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the individual holding the title of Prime Minister of the United Kingdom at the time of Issuance is the first within G7 leaders to leave their position, then the market resolves to Yes.
rules_secondaryThe individual must actually leave office and no longer hold their title. An announcement of resignation or intention to leave is not sufficient.
In the event of death, the market will resolve to the last traded price prior to death, unless such a price is not available, not logically consistent, or not representative of a fair settlement value, in which case the Exchange may determine a fair value in its sole discretion.
settlement_timer_seconds1800
statusactive
strike_typecustom
subtitle:: Prime Minister of the United Kingdom
tickerKXG7LEADEROUT-26JUL20-KSTA
titleWill Prime Minister of the United Kingdom be the first to leave office?