Prediction
Answer Options
This market resolves to “Yes” if any U.S. bank fails between the market’s creation and the specified date, 05:59 CET/CEST the following day, according to the FDIC’s Failed Bank List. Otherwise, it resolves to “No”. For a “Yes” resolution, the bank’s closing date as listed by the FDIC must fall within the market’s specified timeframe. If a potential bank failure occurs within that window but the FDIC’s Failed Bank List has not yet been updated, the market may remain open to allow time for the list to be updated. The primary resolution source for this market will be the Federal Deposit Insurance Corporation (FDIC), specifically the Failed Bank List available here: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/ ; however, other official statements from the FDIC and U.S. government entities may also be used.
Reported by Versus Markets