The Final 30 Seconds Before Close
Where a market has a known, explicit expiration or close time, FPT closes off new exposure for the last 30 seconds before it: in that window you may not open or increase a position, and the controls for both are disabled. The message shown is neutral — "New entries are unavailable during the final 30 seconds before market close." You may still reduce and close for as long as the market itself remains available.
- A soft platform restriction, not a breach. Not a violation, not a failed account, not grounds to withhold or reduce a payout, and nothing is recorded against your account.
- Resting orders are covered too. At the cutoff, any unfilled order that would open or increase exposure is cancelled or made ineligible to fill. Reducing and closing orders remain eligible.
- No deterministic close time means no timer. Where a market has no deterministic published close time, no 30-second window applies and FPT does not invent one.
Restricted Market States
FPT may restrict opening or increasing a position in a market in any of these states.
| State | What it means | What FPT may do |
|---|---|---|
| Unavailable | Not in the FPT tradeable set, or the source has stopped publishing it | Not tradeable |
| Halted or closed | The venue has stopped trading in it | Opening and increasing suspended |
| Resolving | Stopped trading, awaiting its outcome | Not tradeable |
| Disputed | Resolution contested, delayed, corrected or withdrawn at source | Restricted, suspended or removed while reviewed |
| Stale | Price or status data delayed, frozen or not updating | Orders rejected or repriced |
| Illiquid | Volume or depth too thin to support a plausible simulated fill | Restricted, or size limited by the 5% rule |
| Technically unreliable | FPT doubts the data | Restricted early |
In any of those states FPT may:
- reject an order priced against stale, missing or unavailable data — a rejected order is not queued;
- reprice one to the price its own data supports;
- suspend opening or increasing, while leaving existing positions alone;
- restrict a market earlier than the table requires, where reasonably necessary for data integrity or risk.
Where a market's state makes closing impossible, the position stays open until it resolves. Where a resolution at the source is later corrected, FPT may adjust the simulated position or account record.
Trading On an FPT Error
Start with what is yours to use, because it is most of it:
- Tools, spreadsheets, models and alerts to inform your own decisions.
- Arbitrage. Acting on a genuine price discrepancy between markets, venues or related contracts is legitimate trading and FPT does not prohibit it as a category.
- Taking a view that a market is mispriced, and trading against other participants who disagree.
- Reacting to real news, and trading around a scheduled event.
- Entering shortly before a market stops trading, outside the final 30 seconds.
The line is FPT's own error. What is prohibited is profit taken from a defect in FPT's data or simulation rather than from market risk:
- Exploiting stale or delayed FPT data, entering or exiting against a price you have reason to believe FPT is showing incorrectly or has stopped updating.
- Trading on an outcome already known but not yet reflected in FPT's data.
- Latency exploitation, acting on the gap between FPT's data and the market it is derived from.
- Manipulating or exploiting simulated-fill logic, including probing for sizes, prices or states that produce an unintended fill.
- Coordinated or offsetting activity across related accounts intended to defeat FPT's risk controls, such as taking opposite sides of one market across accounts so one is guaranteed to pass.
- Exploiting incorrect market status or resolution data, including trading a market you have reason to believe FPT has mis-flagged as open, closed, resolved or unresolved, or routing size through a market chosen because a broken 24-hour volume number would unlock more than the real 5% cap allows.
- Repeated behaviour whose expected profitability depends on a platform error rather than on market risk, whether or not any individual order was accepted.
Automation used for any of the above, to place orders faster than the intended interface allows, or to evade a position limit is prohibited on the same basis. Each item is a breach under Prohibited Trading Conduct and may result in review, denial of a payout, or termination — and the platform accepting an order is not a finding that the conduct behind it was permitted.
Where the line actually falls: being on the right side of a bad tick once, and not pressing it, is not exploitation. Finding the tick and repeating it is.
If You Find a Defect
Stop trading on it and email support@fundedpredictiontrader.com with "platform defect" in the subject line, noting the market, the time and what you saw.
Reporting is never held against you — a trader who reports promptly has complied even if a position was already open.
FPT's market view is built from third-party data and FPT cannot guarantee it, so an estimated fill price or slippage figure on your ticket is an estimate rather than a promise. See How Simulated Fills Are Determined. There are no trading hours here: FPT Trading Days run midnight to 11:59:59 PM Eastern Time and prediction markets trade continuously.