Trading

How orders work

Long/Short, valuation rungs, and the order ticket.

Every tradable company carries a prediction market on its valuation, split into rungs — thresholds like "more than $850B". Each rung is its own mini-market with a live price between 1¢ and 99¢.

Reading a rung

A rung's price is its implied chance. If "more than $850B" trades at 61¢, the market says there's roughly a 61% chance the company clears that bar. Buying Long (Yes) pays $1 per share if it does; buying Short (No) pays $1 per share if it doesn't.

Placing an order

  • Pick a side — Long if you believe, Short if you don't
  • Pick your rung — the bar chart shows every threshold and its live chance
  • Enter an amount — the ticket previews your shares, average price, and payout
  • Confirm — your order routes to the matching engine and fills against the live book

Market orders fill immediately at the best available prices (all-or-nothing, with slippage protection built into the submitted ceiling). Limit orders rest on the book at your chosen price until they fill, expire, or you cancel them.