No Summary provided as the original text is short
- Prediction market: A marketplace where participants trade contracts tied to the outcome of future events, such as elections or policy changes.
- Market resolution: The process by which a prediction market determines the official outcome of a contract after an event concludes.
- Kalshi: A regulated U.S. prediction market platform allowing users to trade on real-world events under oversight from the CFTC (U.S. derivatives regulator).