Platform / Resolution and settlement

The source is named before the market lists. Not after it disputes.

Every contract carries a primary source, a secondary source, a tie-break rule, a dispute window and a named adjudicator, all fixed at listing. Who pays on a mis-resolution is in the contract, not argued afterwards.

Contract specification, as listed

Locked at listing
{{ s.k }}
{{ s.v }}

Example specification. Every field is set in the back office before the market accepts an order, and none of them can be edited once it does.

Five states, and the exit from each is written down.

Select a state to see what triggers it, who acts, and what the trader sees while it lasts.

{{ activeTitle }}

{{ activeWho }}

{{ activeBody }}

Trigger

{{ activeTrigger }}

Trader sees

{{ activeTrader }}

Time limit

{{ activeLimit }}

Who pays

The question every counsel asks, answered in a table.

A mis-resolution is not hypothetical. Sources publish corrections, feeds go stale, and human operators mis-key a settlement. What matters commercially is which party carries the loss in each case, agreed before it happens.

Where the error is ours, we make the book whole. That sentence is in the contract, with the cap stated in it.

Failure
Remedy
Carried by
{{ l.f }}{{ l.d }}
{{ l.r }}
{{ l.who }}

Indicative allocation. The operative version is the schedule in your contract, negotiated with your counsel.

Source classes

Not every question has a clean source. We say so before you list it.

Markets are classified by how contestable their resolution is. Class C markets need a wider dispute window and a named human adjudicator, and some we will decline to list at all.

{{ c.t }}

{{ c.k }}

{{ c.d }}

{{ r.k }}{{ r.v }}

{{ c.eg }}
Platform / Resolution and settlement

The source is named before the market lists. Not after it disputes.

Every contract carries a primary source, a secondary source, a tie-break rule, a dispute window and a named adjudicator, all fixed at listing. Who pays on a mis-resolution is in the contract, not argued afterwards.

Contract specification, as listed

Locked at listing
Market
Democrats win the 2028 US presidential election
Primary source
Associated Press race call, apnews.com
Secondary source
NBC News and Fox News concurring calls
Tie-break
AP call prevails; failing that, two concurring network calls
Settlement time
7 Nov 2028, or first call after polls close
Dispute window
24 hours from proposed outcome
Adjudicator
Named settlement committee, quorum of three

Example specification. Every field is set in the back office before the market accepts an order, and none of them can be edited once it does.

Five states, and the exit from each is written down.

Select a state to see what triggers it, who acts, and what the trader sees while it lasts.

Listed

Operator

The market is open and accepting orders. Every resolution field is already fixed and visible to traders on the contract page, including both sources and the tie-break rule.

Trigger

Operator lists the market in the back office.

Trader sees

Full contract terms, including the named source and the settlement time.

Time limit

Until the stated close time.

Who pays

The question every counsel asks, answered in a table.

A mis-resolution is not hypothetical. Sources publish corrections, feeds go stale, and human operators mis-key a settlement. What matters commercially is which party carries the loss in each case, agreed before it happens.

Where the error is ours, we make the book whole. That sentence is in the contract, with the cap stated in it.

Failure
Remedy
Carried by
Source publishes a correctionAfter the market has settled
Re-settlement inside 24 hours, or no action if outside the window
Per contract
Engine misreads the sourceAutomated read does not match the publication
Book made whole at the correct outcome, capped as stated
Polyvatic
Operator mis-keys a manual settlementBack office override applied in error
Reversal and re-settlement, logged
Operator
Source ceases to existPublication discontinued before settlement
Market voided, collateral returned at cost
Voided
Ambiguous contract wordingWording admits two readings
Adjudicator determination, written and published
Adjudicator

Indicative allocation. The operative version is the schedule in your contract, negotiated with your counsel.

Source classes

Not every question has a clean source. We say so before you list it.

Markets are classified by how contestable their resolution is. Class C markets need a wider dispute window and a named human adjudicator, and some we will decline to list at all.

Class A

Mechanical

A single official publication settles it with no judgement. The engine reads it and settles the same day.

Dispute window4 hours
AdjudicatorNot required
Human reviewException only

Fed decisions, CPI prints, index closes, certified election results.

Class B

Reported

A recognised body reports the outcome, but timing or restatement risk is real. Settlement waits for the confirmed report.

Dispute window24 hours
AdjudicatorOn dispute
Human reviewPre-settlement check

Sports results, earnings figures, regulatory approvals.

Class C

Contestable

Resolution needs a judgement against contract wording. Wider window, named adjudicator, and some questions we decline to list.

Dispute window72 hours
AdjudicatorAlways
Human reviewMandatory

Did a named agreement get signed. Was a statement made in public.

Sandbox credentials are available before contract.

Book the walkthrough and a solutions engineer takes your integration lead through the engine, the resolution policy and the commitment terms. One business day to reply.