TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 31, 5:40 PM EST
Kalshi
The event examines if the President will formally announce a new trade arrangement with foreign partners before the end of the year. The announcement must clearly describe the arrangement as a trade deal and be made through official presidential channels. The deal must involve at least one foreign country and represent a distinct trade framework.
If the President announces a new trade deal before Nov 1, 2026, then the market resolves to Yes.
Currently, prediction market odds often reflect a different perspective than traditional polling averages. Polls capture stated preferences, while this market reflects what people are willing to put their money on. For this market, it’s important to consider that polls may not fully capture the nuances of economic forecasting or the potential for unexpected policy shifts. Discrepancies can arise due to factors like information asymmetry, strategic trading, and differing incentives between poll respondents and market participants.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing their belief about the probability of Donald Trump announcing a new trade deal in October 2026. The price of a contract reflects the market’s collective assessment of that probability. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The more traders believe the event will occur, the higher the contract price, and vice versa. This dynamic pricing mechanism allows the market to quickly incorporate new information and adjust expectations.
This market resolves around Nov 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, resolution will depend on whether a formal announcement of a new trade deal involving the United States is made by Donald Trump during the month of October 2026. The announcement must be publicly available and verifiable through reputable news sources to be considered valid for the purposes of this market.
Several signals or events could significantly move this market. Major economic data releases, shifts in the global trade landscape, and any statements made by Donald Trump regarding trade policy are all potential catalysts. Unexpected geopolitical events or changes in the US political climate could also influence trading activity. Furthermore, any news regarding potential trade negotiations or disputes involving the United States would likely impact the odds in this market.