Important information: To clarify, any legislation enacted after Issuance and prior to the Expiration Date that provides funding for one or more DHS components satisfies the Payout Criterion, including partial funding (e.g., a bill funding TSA and FEMA but not ICE). Previously enacted legislation does not independently satisfy the criterion.
When will DHS be funded again?
When will DHS be funded again?
Yes
Yes
Yes
Yes
Yes
Yes
Market Rules
The bill must pass the full chamber (not just committee) for House or Senate passage. For "become law" markets, the bill must be signed by the President or become law through veto override. Presidential pocket vetoes that expire resolve to No. Joint resolutions are treated as bills. Treaties require two-thirds Senate approval for passage. The market resolves based on the first occurrence of the specified milestone.
- Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
- Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.