How it works

This market will resolve to "Yes" for the outcome that captures the total number of U.S. Senate seats held by the Democratic Party on February 1, 2027. All other outcomes will resolve to "No". For purposes of this market, an Independent or any other non-Democratic Senator who officially caucuses with the Democratic Party will be counted as a Democrat (e.g., a Senator like Bernie Sanders who caucuses with the Democrats would be counted as a Democrat). The seat count will be determined as of 12:00 PM Eastern Time on February 1, 2027, based on the official membership of the United States Senate as reported by the United States Congress. If the Senate seat count for the Democratic Party is later changed due to a vacancy, resignation, death, or party switch occurring after February 1, 2027, this will not affect the settlement of this market. The official resolution sources are the agencies listed in Rule 14.67(c) in the CDNA Rulebook, which can be found at https://www.nadex.com/rules/. The notice of submission pursuant to CFTC regulation 40.2(a) for Rule 14.67 can be found at https://assets.ctfassets.net/8c2uto3zas3h/5FYmSvzQOPoVlVO4bnGtIf/184180f54f954f7e4a2a832778b10c39/PUBLIC_CDNA_Statistic_Certification_of_Event_Contract.pdf. Liquidity may be low after the election results start coming in. Trading is temporarily paused during scheduled maintenance periods. Settlement Source: Rule 14.67(c) in the CDNA Rulebook