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Monday, 10/07/2024 2:48:55 PM

Monday, October 07, 2024 2:48:55 PM

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IBKR own it

Icon of US Capital with 2024 VOTE
Will Kamala Harris Win the 2024 Presidential Election?
Yes and No Buttons
Election Forecast Trading Starts
on October 3, 2024
Pending regulatory acceptance, Interactive Brokers will launch trading in election contracts on October 3, 2024. We plan to offer the following ForecastEx Forecast Contracts at launch:

Will Kamala Harris Win the 2024 Presidential Election?
Will the Democratic Party win a majority in the United States Senate during the 2024 general election?
Will the Democratic Party win a majority in the United States House of Representatives during the 2024 general election?
Specific Senate Race Contracts
Here's how it works: if an investor believes that an event such as Kamala Harris winning the 2024 US Presidential Election will occur, they can buy "Yes" contract or, if they think the event will not happen, they can purchase a "No" contract. The value of these contracts will fluctuate based on market sentiment and evolving probabilities. Upon the contract's resolution, the contract settles at a predefined value of $1 for a correct answer and $0 for an incorrect one. Contract holders will also be paid an incentive coupon based upon the daily closing price of each contract, currently at 4.33% APY.*

Trade your opinion on the 2024 US election by opening an Interactive Brokers account today.

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