Verbatim from the venue. The analyst must quote these, never paraphrase.
If Fannie Mae confirms an IPO before Jun 1, 2027, then the market resolves to Yes.
An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Jun 1, 2027.
early_close_conditionThis market will close and expire early if the event occurs.
event_tickerKXIPOFANNIE
exchange_index0
expected_expiration_time2028-01-01T15:00:00Z
expiration_time2027-06-08T14:00:00Z
expiration_value
last_price_dollars0.2300
latest_expiration_time2027-06-08T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.8700
no_bid_dollars0.7700
no_sub_titleBefore Jun 1, 2027
notional_value_dollars1.0000
occurrence_datetime2026-08-01T16:00:00Z
open_interest_fp4829.66
open_time2025-08-14T14:00:00Z
previous_price_dollars0.2300
previous_yes_ask_dollars0.9800
previous_yes_bid_dollars0.0200
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Fannie Mae confirms an IPO before Jun 1, 2027, then the market resolves to Yes.
rules_secondaryAn IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Jun 1, 2027.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXIPOFANNIE-27JUN01
titleWhen will Fannie Mae officially announce an IPO?