> ## Documentation Index
> Fetch the complete documentation index at: https://docs.thetalabs.gg/llms.txt
> Use this file to discover all available pages before exploring further.

# Trade markets

> Daily, weekly, and monthly up-or-down windows on stocks, crypto, and prediction-market outcomes.

The **Trade** hub runs the same up-or-down mechanic as Live, but with one window per **day**, **week**, or **month**. Click **Trade** in the top bar. The ticket, rules, and settlement are identical to Live; see [How windows work](/trading/how-windows-work) and [Placing orders](/trading/placing-orders).

## What's listed

| Row          | What it tracks                                                                                                                                        |
| ------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Outcomes** | The live chance of a prediction-market outcome. You are calling whether the **chance** rises or falls over the window, not whether the event happens. |
| **Stocks**   | A stock's live share price.                                                                                                                           |
| **Crypto**   | A crypto asset's live USD price, 24/7.                                                                                                                |

## Window boundaries

Trade windows follow **UTC**:

| Expiry      | Window                                |
| ----------- | ------------------------------------- |
| **Daily**   | One UTC day, 00:00 – 23:59 UTC.       |
| **Weekly**  | Monday 00:00 UTC to the next Monday.  |
| **Monthly** | The 1st at 00:00 UTC to the next 1st. |

The level to beat is the value at the previous period's close. Cards show "Expires today" (in amber) or "Expires Sep 30 UTC" with a countdown such as "18d 5:12:34".

<Warning>
  Stock subjects still follow tape hours (weekdays 4:00 AM – 8:00 PM ET) even though their window is a full UTC day. Off-hours, the market page shows the "Market closed" notice, and over a weekend the level to beat can be days old.
</Warning>

## Browsing the hub

<Steps>
  <Step title="Choose a view">
    In the left rail, pick **All** to see one card per subject with its live value and 24-hour move, or pick an **Expiry** (**Daily / Weekly / Monthly**) to see that window's level to beat and its Up / Down prices.
  </Step>

  <Step title="Open a market">
    With an expiry selected, click **▲ Up 51¢** or **▼ Down 49¢** on a card to open it with that side preselected, or click the card itself.
  </Step>

  <Step title="Switch expiry on the market page">
    The page title contains a menu, for example "Apple (AAPL) | End-of-Day ▾ | Up or Down". Choose **15 Minutes** (which takes you to the Live page), **End-of-Day**, **End-of-Week**, or **End-of-Month**. Only the cadences that exist for that subject are listed.
  </Step>
</Steps>

### Cards

| Element               | What it shows                                                                                                                                            |
| --------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Title**             | The subject or outcome question.                                                                                                                         |
| **Expiry tag**        | **DAILY / WEEKLY / MONTHLY**.                                                                                                                            |
| **To beat / Now**     | The window's opening value and live value, with the ▲/▼ move. In the **All** view, the live value with "chance" or "price" and its 24-hour move instead. |
| **Up / Down buttons** | Each side's price. Shown only when an expiry is selected.                                                                                                |
| **Footer**            | "Expires today" or "Expires Sep 30 UTC" with the countdown. In **All**: "Priced per expiry · daily, weekly, monthly".                                    |

## The market page

The Trade market page is the same page as Live, with two differences:

* The chart opens on **MKT** (the whole window) instead of the live tape, and adds **1D / 1W / 1M** lookbacks for long enough windows.
* The headline expiry menu lets you switch cadence, as above.

Settled Trade windows appear in the same **Past** dropdown and history feed as Live windows.