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Highest temperature in Taipei on March 22?

Market icon

Highest temperature in Taipei on March 22?

Mar 20

Mar 21

Mar 22

Mar 23

Mar 20

Mar 21

Mar 22

Mar 23

27°C 29%

26°C 25%

29°C or higher 16%

28°C 14%

Polymarket
NEW

27°C 29%

26°C 25%

29°C or higher 16%

28°C 14%

Polymarket
NEW

19°C or below

$707 Vol.

1%

20°C

$4,118 Vol.

2%

21°C

$429 Vol.

3%

22°C

$153 Vol.

4%

23°C

$80 Vol.

9%

24°C

$103 Vol.

11%

25°C

$226 Vol.

15%

26°C

$395 Vol.

25%

27°C

$616 Vol.

31%

28°C

$392 Vol.

19%

29°C or higher

$322 Vol.

16%

This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.

This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26.

The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692

This market can not resolve to "Yes" until data for this date has been finalized.

This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify).

The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market.

Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.
Volume
$7,543
Data de Término
Mar 22, 2026
Mercado Aberto
Mar 18, 2026, 6:03 AM ET

Resolver

0x69c47De9D...
This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.
This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.This market will resolve to the temperature range that contains the highest temperature recorded by Taipei's Central Weather Administration in degrees Celsius on 22 Mar '26. The resolution source for this market will be information from the Taipei Central Weather Administration, specifically the highest reading under the "Temperature" column on the specified date once information is finalized for all hours on that date, available here: https://www.cwa.gov.tw/V8/C/W/OBS_Station.html?ID=46692 This market can not resolve to "Yes" until data for this date has been finalized. This market will resolve to the degree indicated in its title (e.g., if a market's title indicates it will resolve to "Yes" if 21°C is the highest temperature on a given day, all temperatures within the range 21.0-21.9°C [inclusive] will qualify). The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.

Latest ensemble forecasts from ECMWF and GFS models project Taipei's highest temperature on March 22 at 26-27°C, anchoring trader sentiment with 27% and 25.5% implied probabilities respectively, amid a close race with 25°C at 18.5%. Taiwan's Central Weather Administration notes southerly winds and a persistent high-pressure ridge boosting temps 1-2°C above the March historical average of 24.5°C, though sea breeze moderation and partial cloud cover introduce uncertainty differentiating these outcomes. Recent upper-air soundings confirm a stable boundary layer conducive to afternoon peaks near 27°C, but any convective development could cap it at 25-26°C, with model updates overnight potentially swaying odds.

Resumo experimental gerado por IA com dados do Polymarket · Atualizado

Cuidado com os links externos.

Frequently Asked Questions

"Highest temperature in Taipei on March 22?" is a prediction market on Polymarket with 11 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "27°C" at 31%, followed by "26°C" at 25%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 31¢ implies that the market collectively assigns a 31% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Highest temperature in Taipei on March 22?" is a newly created market on Polymarket, launched on Mar 18, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Highest temperature in Taipei on March 22?," browse the 11 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Highest temperature in Taipei on March 22?" is "27°C" at 31%, meaning the market assigns a 31% chance to that outcome. The next closest outcome is "26°C" at 25%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Highest temperature in Taipei on March 22?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.