The Iowa Electronic Markets is a futures market run for research and teaching purposes. Traders can buy and sell real-money contracts based on their belief about the outcome of an election or other event. Using this "wisdom of crowds," the price of a contract at any given time is a forecast of the outcome.
Liquidation of Pres24_VS
In the PRES24_VS (2024 U.S. Presidential Vote-Share Market), UDEM24_VS contracts were liquidated at $0.489 each and UREP24_VS contracts were liquidated at $0.511 each. All outstanding bids and asks were cancelled and the market was closed.
As stated in the prospectus, the PRES24_VS contract liquidation is based on the two-party popular vote received by the Democratic and Republican candidates as reported on the New York Times website on Wednesday, November 6, 2024 at 5pm CST.
Those vote totals were reported as: 71,927,791 votes for Harris and 75,170,140 votes for Trump.
As stated in the prospectus, the PRES24_VS contract liquidation is based on the two-party popular vote received by the Democratic and Republican candidates as reported on the New York Times website on Wednesday, November 6, 2024 at 5pm CST.
Those vote totals were reported as: 71,927,791 votes for Harris and 75,170,140 votes for Trump.
11/20/24 - Liquidation of Pres24_VS See Details...