1. Winning shares pay out $1.00 each upon market resolution; all others settle at $0.00.
2. Trades execute at the current market price unless a limit order is placed.
3. Limit orders remain active until filled, cancelled, or the market closes.
4. Shares can be sold any time before the market closes.
5. Markets may be suspended or cancelled for ambiguous outcomes.
6. All balances and positions are denominated in USD.
Each outcome settles on its own terms. For “National”: If the National party wins the next New Zealand general election, then the market resolves to Yes. For parliamentary/legislative elections, the winner is the party, coalition, or alliance winning the most seats in the specified chamber.
