Quarter of negative GDP growth by Q2 2022 by Q2 2022 -- One quarter of negative GDP (Revisions included)?
Quarter of negative GDP growth by Q2 2022 by Q2 2022 -- One quarter of negative GDP (Revisions included)?
Order book
Yes
Market Rules
The outcome is 2022 Q1 GDP growth was negative
Resolves Yes if the seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is strictly less than zero in at least one of Q3 2021, Q4 2021, Q1 2022, and Q2 2022.Outcome verified from Bureau of Economic Analysis.
Please see RECSS in the Rulebook for more details.
Timeline and payout
Market openAug 6, 2021 · 11:30am EDT
Market closedJul 27, 2022 · 11:00pm EDT
Paid outAug 2, 2022 · 11:00am EDT
SeriesKXRECSS
EventRECSS-22JUL
MarketRECSS-22JUL
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.