Market icon
運動·NCAA CBB

NCAA Tournament: How many buzzer beaters?

Market icon
運動·NCAA CBB

NCAA Tournament: How many buzzer beaters?

$15,062 交易量

Apr 13, 2026
Polymarket

$15,062 交易量

Polymarket

2+

$2,090 交易量

56%

3+

$0 交易量

51%

4+

$0 交易量

11%

5+

$195 交易量

6%

6+

$447 交易量

5%

7+

$268 交易量

4%

8+

$196 交易量

4%

9+

$557 交易量

5%

This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.

This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No”

If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No”

A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters.

If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games.

If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No".

The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.
交易量
$15,062
結束日期
Apr 13, 2026
市場開放時間
Mar 18, 2026, 4:08 PM ET

Resolver

0x65070BE91...
This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.
This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if the total number of buzzer beater shots scored to end any regulation 2nd half or overtime period during the 2026 Men’s NCAA Tournament equals or exceeds the listed number. Otherwise, the market will resolve to “No” If no buzzer beater is scored during the 2026 NCAA Tournament, the market will resolve to “No” A ‘buzzer beater’ is a made field goal that is scored at the expiration (leaving zero seconds on game clock) of any second-half or overtime period during the NCAA Tournament and ties the game or gives the shooting team the lead. First-half buzzer beaters will not count. Shots by a team that is already ahead or behind and that do not result in a tie or lead change will not count. Shots made at the end of the shot clock are not considered buzzer beaters. If the tournament concludes early, is shortened, or is truncated for any reason, the outcome shall be determined using available NCAA statistics for completed games. If the NCAA Tournament is cancelled, postponed after April 30, 2026, 11:59 PM ET, or if the exact number of “buzzer beaters” cannot be determined within that timeframe, this market will resolve to "No". The primary resolution source for this market will be official information from the NCAA and its official broadcast partners; however, a consensus of credible reporting may also be used.

With zero buzzer beaters recorded through the Elite Eight in the 2024 NCAA men's tournament—spanning over 60 games—traders heavily favor low totals like zero or one, reflecting the rarity of final-second game-winners in March Madness. Close contests have been scarce amid dominant performances by top seeds and efficient late-game execution, bucking historical averages of about 0.5 per full bracket. Momentum from Cinderella runs like NC State's fizzled without dramatics, while superior coaching and talent have minimized chaos. Remaining Final Four semis and championship heighten upset potential in high-stakes environments, but the wisdom of crowds prices slim odds for multiples given the track record.

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警惕外部連結哦。

Frequently Asked Questions

"NCAA Tournament: How many buzzer beaters?" is a prediction market on Polymarket with 9 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "1+" at 100%, followed by "2+" at 56%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% 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.

As of today, "NCAA Tournament: How many buzzer beaters?" has generated $15.1K in total trading volume since the market launched on Mar 18, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "NCAA Tournament: How many buzzer beaters?," browse the 9 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 "NCAA Tournament: How many buzzer beaters?" is "1+" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "2+" at 56%. 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 "NCAA Tournament: How many buzzer beaters?" 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.