Verbatim from the venue. The analyst must quote these, never paraphrase.
If Friedrich Merz has either officially announced their intention to leave as Chancellor of Germany or has actually left as Chancellor of Germany before Jan 1, 2029, then the market resolves to Yes.
An "official announcement" means a statement by the person themselves, their authorized representative, or the official body governing the office that the person will be departing from the office. Such announcements must be reported by at least one Source Agency to be considered official. The announcement must not specify they are leaving in more than a year from the statement, in which case the market does not resolve to Yes.
"Leaving office" means the person no longer holds the office in any capacity, including but not limited to: resignation (effective), termination, removal, impeachment and removal, recall, or the expiration of their term without renewal. Temporary absences such as medical leave, suspension with possibility of return, or delegation of duties while retaining the office do NOT constitute leaving office. Death does NOT satisfy the Payout Criterion for this Contract. Forced departures (termination, impeachment and removal, etc.) satisfy the Payout Criterion even without a prior announcement.
early_close_conditionThis market will close and expire early if the person announces departure or actually leaves office.
event_tickerKXLEAVEMERZ-29JAN01
exchange_index0
expected_expiration_time2029-01-08T15:00:00Z
expiration_time2029-01-08T15:00:00Z
expiration_value
last_price_dollars0.7400
latest_expiration_time2029-01-08T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.1900
no_bid_dollars0.1000
no_sub_titleBefore Jan 1, 2029
notional_value_dollars1.0000
occurrence_datetime2029-01-01T15:00:00Z
open_interest_fp333.08
open_time2026-09-17T04:00:00Z
previous_price_dollars0.7400
previous_yes_ask_dollars0.8400
previous_yes_bid_dollars0.6700
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Friedrich Merz has either officially announced their intention to leave as Chancellor of Germany or has actually left as Chancellor of Germany before Jan 1, 2029, then the market resolves to Yes.
rules_secondaryAn "official announcement" means a statement by the person themselves, their authorized representative, or the official body governing the office that the person will be departing from the office. Such announcements must be reported by at least one Source Agency to be considered official. The announcement must not specify they are leaving in more than a year from the statement, in which case the market does not resolve to Yes.
"Leaving office" means the person no longer holds the office in any capacity, including but not limited to: resignation (effective), termination, removal, impeachment and removal, recall, or the expiration of their term without renewal. Temporary absences such as medical leave, suspension with possibility of return, or delegation of duties while retaining the office do NOT constitute leaving office. Death does NOT satisfy the Payout Criterion for this Contract. Forced departures (termination, impeachment and removal, etc.) satisfy the Payout Criterion even without a prior announcement.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXLEAVEMERZ-29JAN01-29JAN01
titleWill Friedrich Merz leave Chancellor of Germany before Jan 1, 2029?