Verbatim from the venue. The analyst must quote these, never paraphrase.
If Wales agrees to or announces a formal decision by the UK Government, UK Parliament, or a legally authorized Welsh authority to hold a referendum on Welsh independence after Issuance and before Jan 1, 2030, then the market resolves to Yes.
An agreement or announcement qualifies if it involves any of the following:
Formal signing of treaties
Parliamentary approval with binding effect
Official ratification
Formal commitment by the head of state/government with constitutional authority
Official statements by authorized ministers
Official press releases
Formal declarations during government proceedings
Official statements to international bodies
Phased implementation announcements and multi-party agreements where the country is a signatory also qualify.
The following do NOT qualify:
Preliminary discussions
Conditional agreements contingent on circumstances
Opposition party statements
Leaked documents
Think-tank recommendations
General aspirations without specific commitment
Draft legislation without approval
Regional actions (unless specified)
Retraction of previously announced commitments
Confirmation must come from the UK Government, UK Parliament, or a Welsh authority legally empowered to commit to holding the referendum. A binding legal instrument qualifies only if it commits to the poll; merely granting a power to call one does not qualify. A polling date is not required, and voting may occur after January 1, 2030. Party pledges, non-binding Senedd motions, consultations, requests for permission, preparations, and general statements of intent do not qualify. Announcements made before issuance do not qualify.
early_close_conditionThis market will close and expire early if the event described in the Payout Criterion occurs.
Order book
Top of book, both sides expressed as YES prices.
Yes ask (no bid)SizeYes
ask2,11992¢
ask48688¢
ask1,08473¢
ask1,15471¢
ask20070¢
ask20047¢
ask31646¢
ask20024¢
spread9¢mid 20¢
bid20015¢
bid1406¢
bid2005¢
bid6832¢
bid1001¢
Yes bid (no ask)SizeYes
Sep 13 · 8:00 PM UTC
closes
Jan 1, 2030 · 4:59 AM UTC · may close early
expires
Jan 8, 2030 · 3:00 PM UTC
category
Politics
event
independent outcomes
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
24h ago
17¢
83¢
200
no
7d ago
17¢
83¢
200
no
event_ticker
KXWALESREFCALL-30JAN01
exchange_index0
expected_expiration_time2030-01-08T15:00:00Z
expiration_time2030-01-08T15:00:00Z
expiration_value
last_price_dollars0.1700
latest_expiration_time2030-01-08T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.8500
no_bid_dollars0.7600
no_sub_titleYes
notional_value_dollars1.0000
occurrence_datetime2030-01-01T05:00:00Z
open_interest_fp200.00
open_time2026-09-13T20:00:00Z
previous_price_dollars0.1700
previous_yes_ask_dollars0.1800
previous_yes_bid_dollars0.1700
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Wales agrees to or announces a formal decision by the UK Government, UK Parliament, or a legally authorized Welsh authority to hold a referendum on Welsh independence after Issuance and before Jan 1, 2030, then the market resolves to Yes.
rules_secondaryAn agreement or announcement qualifies if it involves any of the following:
Formal signing of treaties
Parliamentary approval with binding effect
Official ratification
Formal commitment by the head of state/government with constitutional authority
Official statements by authorized ministers
Official press releases
Formal declarations during government proceedings
Official statements to international bodies
Phased implementation announcements and multi-party agreements where the country is a signatory also qualify.
The following do NOT qualify:
Preliminary discussions
Conditional agreements contingent on circumstances
Opposition party statements
Leaked documents
Think-tank recommendations
General aspirations without specific commitment
Draft legislation without approval
Regional actions (unless specified)
Retraction of previously announced commitments
Confirmation must come from the UK Government, UK Parliament, or a Welsh authority legally empowered to commit to holding the referendum. A binding legal instrument qualifies only if it commits to the poll; merely granting a power to call one does not qualify. A polling date is not required, and voting may occur after January 1, 2030. Party pledges, non-binding Senedd motions, consultations, requests for permission, preparations, and general statements of intent do not qualify. Announcements made before issuance do not qualify.
settlement_timer_seconds1800
statusactive
tickerKXWALESREFCALL-30JAN01-YES
titleWill Wales announce an independence referendum before 2030?