
No-confidence vote against Spain PM Sanchez by July 31?
Yes probability
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About this market
This market will resolve to “Yes” if a motion of no-confidence against Prime Minister Pedro Sánchez or the sitting Government of Spain is voted upon in the Congress of Deputies of Spain by July 31, 2026 11:59 PM ET. Otherwise, this market will resolve to “No”. A “motion of no-confidence” refers to a formal motion of censure under Spain’s constitutional procedures, including a candidate to replace Sanchez as Prime Minister. Informal calls for Sánchez to resign, requests for a confidence vote, parliamentary criticism, or other non-binding political statements will not qualify. The primary resolution sources for this market will be official information from the government of Spain; however, a consensus of credible reporting may also be used.
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Liquidity looks healthy here — the spread tightened over the last day and depth on both sides is holding up. I added on the dip and I'm comfortable carrying this into resolution unless the volume profile changes materially.
Liquidity looks healthy here — the spread tightened over the last day and depth on both sides is holding up. I added on the dip and I'm comfortable carrying this into resolution unless the volume profile changes materially.
Agreed, the order book is unusually balanced for this category.
Agreed, the order book is unusually balanced for this category.
What do you mean by depth here?
What do you mean by depth here?
Volume spike lines up with the latest headlines. Historically these moves mean-revert within a few sessions, so I'm fading the momentum and sizing small. Watching the 24h figure closely.
Volume spike lines up with the latest headlines. Historically these moves mean-revert within a few sessions, so I'm fading the momentum and sizing small. Watching the 24h figure closely.
Brave. I'm on the other side of this one.
Brave. I'm on the other side of this one.
The crowd's been directionally right on similar markets this quarter, but the tails are underpriced. I like a small position on the longshot outcome as a hedge.
The crowd's been directionally right on similar markets this quarter, but the tails are underpriced. I like a small position on the longshot outcome as a hedge.