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To trade Short-Term or Volatile Event Contracts, you need both:\u003C\u002Fp>\u003Col start=\"1\">\u003Cli>Prediction Markets trading access, the base permission required to trade event contracts at all, plus\u003C\u002Fli>\u003Cli>An additional Level 2 trading permission specifically for Short-Term and Volatile Event Contracts.\u003C\u002Fli>\u003C\u002Fol>\u003Cp>You must be granted both, meet the heightened appropriateness criteria for the additional permission, and accept a dedicated risk disclosure before you can trade the Short-Term or Volatile Event Contracts.\u003C\u002Fp>\u003Cp>\u003Cstrong>What are the eligibility requirements?\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Regulations do not allow Interactive Brokers to publish the exact numerical or experience-based requirements for trading permissions. Eligibility is determined by a combination of factors, and the criteria are subject to change.\u003C\u002Fp>\u003Cp>These requirements are higher than those for standard event contracts, reflecting the greater risk of the short-duration and crypto category.\u003C\u002Fp>\u003Cp>\u003Cstrong>What if I do not meet the knowledge or experience requirements?\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>You may still qualify by passing the qualifying exam for this category instead of meeting the knowledge-and-experience thresholds through prior trading. The other criteria still apply.\u003C\u002Fp>\u003Cp>\u003Cstrong>Is there a disclosure I have to accept?\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Yes. You must review and accept a dedicated risk disclosure specific to Short-Term or Volatile Event Contracts before the permission is enabled. This is in addition to any general event-contract disclosures.\u003C\u002Fp>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F1592395755\">Short-Term and Volatile Event Contracts: The Basics\u003C\u002Fa>\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F1592395768\">Short-Term and Volatile Event Contracts: How They Work\u003C\u002Fa>\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F1592395784\">Short-Term and Volatile Event Contracts: Availability\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>",[1209,1215,1217,1219],{"id":629,"title":630,"feedback_context":1210},{"request_context":1211,"type":1212,"id":629,"faq_id":629,"timestamp":1213,"cir_id":1214},"faq-browser-public,faq-browser-1:JFaqHTTP6-d64eb953-1c73-4440-89f2-424dc9097f7d","FAQ_NAVIGATION",1794515034845,"424325c1-2e28-4795-a7c3-2cfb7a626704",{"id":823,"title":824,"feedback_context":1216},{"request_context":1211,"type":1212,"id":823,"faq_id":823,"timestamp":1213,"cir_id":1214},{"id":922,"title":923,"feedback_context":1218},{"request_context":1211,"type":1212,"id":922,"faq_id":922,"timestamp":1213,"cir_id":1214},{"id":926,"title":927,"feedback_context":1220},{"request_context":1211,"type":1212,"id":926,"faq_id":926,"timestamp":1213,"cir_id":1214},"\u003Cp>\u003Cstrong>Do I need special permission to trade these contracts?\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Yes. To trade Short-Term or Volatile Event Contracts, you need both:…\u003C\u002Fp>",[1223,1235,1242,1249],{"id":1224,"title":1225,"feedback_context":1226,"short_description":1229,"source":1230},"360428892","How do I know if I am eligible to trade IBKR Prediction Markets?",{"request_context":1211,"type":1227,"id":1224,"faq_id":1224,"timestamp":1228,"cir_id":1214},"FAQ_SIMILAR",1794515034868,"\u003Cp>Eligible clients only need to request a single trading permission to access all available IBKR Prediction Markets exchanges. Clients must be at least 21 years old to trade any prediction market contracts. Legal residents of Israel, clients of Interactive Brokers Australia, and Interactive Brokers (U.K.) Limited are prohibited from trading prediction market contracts…\u003C\u002Fp>",{"id":1231,"title":1232,"link":1233,"sourceType":1234},"faq","IBKR FAQs","https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=360428892","FAQ",{"id":1236,"title":1237,"feedback_context":1238,"short_description":1239,"source":1240},"360429247","How do I trade event contracts?",{"request_context":1211,"type":1227,"id":1236,"faq_id":1236,"timestamp":1228,"cir_id":1214},"\u003Cp>Trade event contracts on \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fpredictionmarkets\u002Fen\u002Fhome.php\">IBKR Prediction Markets\u003C\u002Fa>. \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002FLogin?forwardTo=100&ip2loc=OFF\">Log into I\u003C\u002Fa>BKR Prediction Markets using your IBKR login credentials. You can view event contracts from the IBKR Prediction Markets link in our trading platforms…\u003C\u002Fp>",{"id":1231,"title":1232,"link":1241,"sourceType":1234},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=360429247",{"id":1243,"title":1244,"feedback_context":1245,"short_description":1246,"source":1247},"1479515747","What are US election prediction markets?",{"request_context":1211,"type":1227,"id":1243,"faq_id":1243,"timestamp":1228,"cir_id":1214},"\u003Cp>US election prediction markets are markets where eligible participants trade Yes\u002FNo contracts tied to US election outcomes, with prices updating as information changes. On IBKR Prediction Markets, these are event contracts presented as clear, outcome-based questions with fixed settlement values…\u003C\u002Fp>",{"id":1231,"title":1232,"link":1248,"sourceType":1234},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=1479515747",{"id":1250,"title":1251,"feedback_context":1252,"short_description":1253,"source":1254},"1592395755","Short-Term and Volatile Event Contracts: The Basics",{"request_context":1211,"type":1227,"id":1250,"faq_id":1250,"timestamp":1228,"cir_id":1214},"\u003Cp>\u003Cstrong>What is an event contract?\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>An event contract is a standardized, exchange-listed contract that lets you take a Yes\u002FNo position on the outcome of a specific, measurable event. For example, you can trade on whether a particular asset's price will be above a certain level at a set time. Each contract settles at a fixed value if the event happens (\"Yes\") and at zero if it does not (\"No\"). You can trade event contracts on Interactive Brokers through the Prediction Markets platform…\u003C\u002Fp>",{"id":1231,"title":1232,"link":1255,"sourceType":1234},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=1592395755",{"request_context":1211,"type":1257,"id":1205,"faq_id":1205,"timestamp":1213,"cir_id":1214},"FAQ_CONTENT"]