← Back to Glossary

Market Close

Market close is the time when trading stops for a question. A close snapshot is often used as a benchmark probability for evaluation.

Definition

Market close is the time when a market stops accepting trades. After close, the price no longer updates through trading, and the market waits for settlement.

Why it matters for benchmarking

Many evaluations use a “close price” as a reference probability. This is valid only if you compare forecasts made before that close time and avoid look ahead bias.

Related

Market close interacts with forecast horizon and with how you define market consensus snapshots.