KXFEDCHAIRNOM-29-SBES
Will Trump next nominate Scott Bessent as Fed Chair?
$0.06
Market Snapshot
| Bid | Mid | Ask | Spread | Prob (Mid) | |
|---|---|---|---|---|---|
| YES | $0.05 | $0.06 | $0.06 | 1.0¢ | 5.5% |
| NO | $0.94 | $0.94 | $0.95 | 1.0¢ | 94.5% |
Order Book (Top)
| Side | Best Bid | Bid Size | Best Ask | Ask Size |
|---|---|---|---|---|
| YES | $0.05 | 9624 | $0.06 | 1001 |
| NO | $0.94 | 1001 | $0.95 | 9624 |
| Microprice | Imbalance | Depth ±$0.05 |
|---|---|---|
| $0.0591 | 0.8116 | 88526 |
| $0.9409 | -0.8116 | 4259 |
Fair Probability Band & Arb
| Prob Band (0–1) | 0.050 – 0.060 |
| Band Width | 0.010 |
Edge & Time-Weighted Vig
| YES Edge (ticks) | -0.5 |
| NO Edge (ticks) | -0.5 |
| Vig (bps/h) | 0 |
State Change & Momentum
| Metric | Value |
|---|---|
| ΔMid ($) | -0.01 |
| ΔSpread (¢) | — |
| ΔLast Trade ($) | -0.01 |
| Micro Pull ($) | -0.0009 |
Tightening (ΔSpread < 0) shown in green. Positive Micro Pull = buy-side pressure; negative = sell-side.
Timing
| Opens | 2025-06-10 02:20 PM ET |
| Last Trade (Close) | 2029-01-20 10:00 AM ET (1216d 18h 54m) |
| Expected Expiration | 2029-01-20 10:00 AM ET (1216d 18h 54m) |
Early Close: This market will close and expire early following the next person fomrally nominated by the President to be Fed Chair.
Book & Activity
| Liquidity | 9932036 |
| 24h Volume | 1402 |
| Open Interest | 140299 |
| OI Turnover (24h) | 0.01 |
| Status | active |
Cost to Breach Targets (YES Book)
| Target | Cost ↑ | Cost ↓ |
|---|---|---|
| 0.05 | 1969.79 | 14061.46 |
| 0.25 | 3144.3 | 12405.75 |
| 0.50 | 5207.03 | 10343.02 |
| 0.75 | 7945.63 | 7604.42 |
| 0.95 | 8895.63 | 7604.42 |
↑ uses asks to push up; ↓ uses bids to push down.
Rules
Primary
If Scott Bessent is the first person formally nominated by the President to Fed Chair before Jan 20, 2029, then the market resolves to Yes.
Related Markets
Liquidity and Market Impact Overview
This shows the cumulative value at each price point based on current bids and asks for each side.
Yes 🔵 Market
No 🟡 Market
🤖 AI Market Insight
This summary is generated based on trade data and external information. It reflects where the market may be leaning based on large trader behavior and current price dynamics. For entertainment purposes only. This is not financial advice.
AI Summary:
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Last updated: 2025-09-21T20:05:44.149649
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