Description
Precipitation in Seoul in July 2026 will be resolved by total monthly rainfall (in mm) for Seoul, as reported by the Korea Meteorological Administration. The measurement uses ground-level precipitation, finalized for July 2026, and rounded to one decimal place. If data is not available by October 7, 2026, a credible alternative resolution source will be used. The reported total will place Seoul’s July rainfall into one bracket range as defined by the input markets, with ties resolved to the higher bracket where the total falls exactly between two brackets.
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Rules
This market will resolve according to the total precipitation in mm in Seoul in July, 2026, according to the Korea Meteorological Administration's information for the region/branch of "Seoul". If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. The resolution source for this market will be the Korea Meteorological Administration, specifically the figure for monthly precipitation in mm when the classification is set for "ground", the region/branch is set for "Seoul", the element is set for "precipitation", and the period is set for the month of July at the https://data.kma.go.kr/climate/RankState/selectRankStatisticsDivisionList.do link once the figure is finalized for the whole month of July 2026. If the relevant data is not available by October 7, 2026, 11:59 PM ET, another credible resolution source will be chosen. The resolution source for this market measures precipitation to 1 decimal place (e.g., 1.5), thus, this is the level of precision that will be used when resolving this market. Any revisions to precipitation recorded after data is finalized for this market's timeframe will not be considered for this market's resolution.