Market Settlement
Market Settlement
Market settlement is the process of resolving an event market after the referenced event has reached a clear outcome.
On 1024EX Predict, settlement determines which side of a market is correct, how open positions are resolved, and how funds are distributed to users based on the final outcome.
How settlement works
Each market on 1024EX Predict is created around a specific event, condition, or outcome.
When the event ends, the market enters the settlement process. The final result is reviewed according to the market rules, settlement criteria, and available public information.
Once the outcome is confirmed, the market is settled and user positions are resolved accordingly.
Settlement criteria
Every market should have clear settlement criteria before trading begins.
Settlement criteria may include:
- The event or condition being tracked
- The official or recognized source used to verify the outcome
- The time period covered by the market
- The exact condition required for each outcome
- Any special rules, exceptions, or edge cases
Users should read the market description and settlement rules before opening a position.
Outcome resolution
After a market is settled, the correct outcome is marked as the winning side.
Positions on the winning side are resolved based on the final settlement result. Positions on the losing side are closed according to the market rules.
For leveraged positions, settlement also takes into account margin, position size, realized profit and loss, and any applicable risk rules.
Settlement sources
1024EX Predict may use official sources, recognized public data, or other reliable references to verify market outcomes.
The exact source may vary depending on the market type.
For sports-related markets, settlement may reference official event organizers, league websites, or widely recognized result providers.
For other event-based markets, settlement may reference public announcements, verified data sources, or clearly defined third-party references.
Settlement timing
Market settlement does not always happen immediately after an event ends.
Some markets may require additional time for final confirmation, official reporting, or review. Settlement timing may vary depending on the complexity of the event and the availability of reliable outcome data.
During this period, the market may stop accepting new trades while the outcome is being reviewed.
Disputed or unclear outcomes
If an outcome is unclear, delayed, disputed, or affected by an exceptional situation, settlement may be postponed until sufficient information is available.
1024EX may review the market rules, referenced sources, and available public information before finalizing the settlement.
If a market cannot be resolved according to its original criteria, 1024EX may take appropriate action based on the market rules and risk controls.
User responsibility
Users are responsible for reviewing the market description, settlement criteria, and risk rules before trading.
Event outcomes may be affected by delays, cancellations, rule changes, data revisions, or other unexpected circumstances.
1024EX does not guarantee any trading result or settlement outcome in advance. Users should trade carefully and manage their risk, especially when using leverage.