| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 50° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 51° to 52° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 53° to 54° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 55° to 56° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 57° to 58° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 59° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily minimum temperature recorded in Los Angeles on April 7, 2026. It allows participants to hedge against or speculate on meteorological variability in Southern California.
April in Los Angeles typically features mild spring weather, though the region is subject to marine layer influences and occasional shifts in high-pressure systems. Historical records for this time of year generally show temperatures clustered within a moderate range, though extreme weather patterns or unseasonable cold fronts can lead to outliers.
Market valuations represent the collective outlook of participants on the likelihood of specific temperature bands occurring based on meteorological forecasts and historical climate data.
The market relies on official data from the National Weather Service (NWS) as recorded at the primary Los Angeles measurement station.
In the event of a station outage, the exchange will typically rely on data from the nearest official alternative or the established backup reporting protocols for that jurisdiction.
Yes, the market tracks the lowest temperature officially recorded during the calendar day of April 7, 2026.
The marine layer often acts as an insulating blanket, trapping heat and preventing temperatures from dropping as low as they would under clear, dry conditions.
No, the market is based on the actual ambient air temperature recorded by standard meteorological instruments, not the 'feels like' or wind chill index.