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Home/Glossary/Market close time

Prediction markets · Rookie

Market close time

By Omer Rapaport · Content updated 11 September 2026

What does Market close time mean?

Market close time is the point after which a contract stops accepting trades. It can differ from the event time, the time an outcome becomes known and the time settlement is completed.

Example

An event contract closes before an official report is finalized and settles later.

Illustrative example; not a provider’s quoted offer.

Why it matters for prop traders

Plan exits around the trading cutoff. Being able to forecast the eventual outcome does not ensure access to liquidity immediately before resolution.

Sources and further reading

The following primary sources support the terminology. Provider rules describe their own products and may change.

  • Kalshi - Market closing and settlement FAQ

Related terms

  • Event contract
  • Implied probability
  • Liquidity-based position cap
← All 181 terms

Frequently asked questions

Why plan an event-contract exit before the cutoff?

Plan exits around the trading cutoff. Being able to forecast the eventual outcome does not ensure access to liquidity immediately before resolution.

Sources: Kalshi - Market closing and settlement FAQ

What is a practical example of Market close time?

Illustrative example: An event contract closes before an official report is finalized and settles later.

Sources: Kalshi - Market closing and settlement FAQ

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