This market will resolve to "Up" if the official S&P 500 Index open price for S&P 500 (SPX) on November 3 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day.
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S&P 500 (SPX) Opens Up or Down on November 3?
Now Gained in 24h Lost in 24hChanges are in percentage points (pp).
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Official descriptionRead the rules before reading the headline. Resolution wording decides the outcome, not the news.
This market will resolve to "Up" if the official S&P 500 Index open price for S&P 500 (SPX) on November 3 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day. This market will resolve to "Down" if the official S&P 500 Index open price for S&P 500 (SPX) on November 3 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day.
E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two prices are exactly equal, this market will resolve 50-50. Note that all figures will be rounded to the nearest cent using standard rounding.
If SPX does not trade at all during the regular session, the market will resolve 50-50. If either of the relevant days are shortened (for example, due to a market holiday schedule), the official open/close price published by S&P 500 Index for that shortened session will still be used for resolution.
If the previous trading day has no official closing price (for example, due to a trading halt into the market close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. The resolution source for this market is the Wall Street Journal, specifically the Open/Close values published by the WSJ under "Historical Prices".
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