Verbatim from the venue. The analyst must quote these, never paraphrase.
If South Bow officially announces a decision to build Keystone XL before Jul 1, 2028, then the market resolves to Yes.
Only a decision to proceed with construction of South Bow's Prairie Connector project resolves this market. The original Gulf Coast route of Keystone XL is out of scope, and a decision to cancel, shelve or further defer the project does not resolve any market to Yes. Permits, shipper commitments, open-season results and cost estimates do not on their own resolve any market.
The announcement must be made through official company channels including press releases, securities filings, earnings calls, investor presentations, verified accounts, or official statements to media subsequently confirmed by the company. Rumours, speculation, unconfirmed reports, leaked information and third-party announcements without company confirmation do not qualify.
early_close_conditionThis market will close and expire early if the company makes the specified announcement.
event_tickerKXKEYSTONEFID-28
exchange_index0
expected_expiration_time2028-07-01T14:00:00Z
expiration_time2028-07-08T14:00:00Z
expiration_value
last_price_dollars0.0000
latest_expiration_time2028-07-08T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.3200
no_bid_dollars0.2400
no_sub_titleBefore Jul 1, 2028
notional_value_dollars1.0000
occurrence_datetime2028-07-01T14:00:00Z
open_interest_fp0.00
open_time2026-08-20T18:00:00Z
previous_price_dollars0.0000
previous_yes_ask_dollars0.9900
previous_yes_bid_dollars0.0100
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf South Bow officially announces a decision to build Keystone XL before Jul 1, 2028, then the market resolves to Yes.
rules_secondaryOnly a decision to proceed with construction of South Bow's Prairie Connector project resolves this market. The original Gulf Coast route of Keystone XL is out of scope, and a decision to cancel, shelve or further defer the project does not resolve any market to Yes. Permits, shipper commitments, open-season results and cost estimates do not on their own resolve any market.
The announcement must be made through official company channels including press releases, securities filings, earnings calls, investor presentations, verified accounts, or official statements to media subsequently confirmed by the company. Rumours, speculation, unconfirmed reports, leaked information and third-party announcements without company confirmation do not qualify.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXKEYSTONEFID-28-28JUL01
titleWill South Bow announce a decision to build Keystone XL before Jul 1, 2028?