If the FOMC announces in its statement after its November 02, 2021-November 03, 2021 meeting that it directs the FRBNY's trading desk to purchase fewer than $120,000,000,000 in Treasury Securities and MBS per month, then the market resolves toYes. Outcome verified from Federal Reserve Bank of New York and Federal Reserve Board of Governors.
Please see FTAPER in the rulebook for more details.
Timeline and payout
Market openSep 24, 2021 · 10:00am EDT
Market closedNov 3, 2021 · 10:00pm EDT
Paid outNov 3, 2021 · 10:00pm EDT
SeriesKXFTAPER
EventFTAPER-21NOV
MarketFTAPER-21NOV
Insider trading is prohibited
The following are prohibited from trading this contract:
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.