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.
ask27744¢
ask13942¢
ask11641¢
ask20016¢
spread5¢mid 14¢
bid1011¢
bid20010¢
bid946¢
bid2005¢
bid2003¢
bid8962¢
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
3h ago
15¢
85¢
195
no
3h ago
16¢
84¢
5
no
1d 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_dollars0.1500
latest_expiration_time2030-01-08T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.8900
no_bid_dollars0.8400
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_dollars0.0500
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?