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

# Market States

> Each market on Foresight moves through different states during its lifecycle. These states determine whether you can trade, when prices update, and when payouts become available.

## Trading

The **Trading** state means the market is live and actively trading. Users can buy and sell positions freely, and prices update continuously based on market demand. Liquidity is available and positions can be adjusted or hedged until the market reaches its scheduled close time or a qualifying event occurs.

<img src="https://mintcdn.com/foresight-7174a914/8dAwqYRbBLjyCx87/images/trading.png?fit=max&auto=format&n=8dAwqYRbBLjyCx87&q=85&s=9575a8b51157ae82859199bc5a2ad0e3" alt="Trading" title="Trading" className="mx-auto" style={{ width:"99%" }} width="804" height="239" data-path="images/trading.png" />

## Paused

The **Paused** state temporarily halts all trading activity. This may happen when a potential resolution event has occurred or when additional verification is required.

<img src="https://mintcdn.com/foresight-7174a914/zLsMKi1quJncNN8u/images/paused.png?fit=max&auto=format&n=zLsMKi1quJncNN8u&q=85&s=6580d98f12f4c2e2b1ab5eedbf2a8790" alt="Paused" title="Paused" className="mx-auto" style={{ width:"99%" }} width="1700" height="602" data-path="images/paused.png" />

<img src="https://mintcdn.com/foresight-7174a914/zLsMKi1quJncNN8u/images/pause.png?fit=max&auto=format&n=zLsMKi1quJncNN8u&q=85&s=622db497c77990292a495f0667e522aa" alt="Pause" title="Pause" className="mx-auto" style={{ width:"99%" }} width="920" height="214" data-path="images/pause.png" />

While **paused**:

* New trades cannot be placed.
* Existing positions remain unchanged.
* Prices do not update.

If the pause was triggered by incorrect or incomplete information, the market may resume trading. If the event is confirmed, the market will move to the **Resolved** state.

## Resolved

The **Resolved** state means the market outcome has been finalized. Trading is permanently closed, the winning outcome is confirmed, and users can claim their payouts and rewards. Market data becomes read-only and the market cannot reopen.

<img src="https://mintcdn.com/foresight-7174a914/fOsU2DvGdRqxluuw/images/%7BC5FE1D1A-D41B-458F-9CFC-B497765F8624%7D.png?fit=max&auto=format&n=fOsU2DvGdRqxluuw&q=85&s=2db0462fa672df229b847db8eee9421f" alt="{C5FE1D1A D41B 458F 9CFC B497765F8624}" title="{C5FE1D1A D41B 458F 9CFC B497765F8624}" className="mx-auto" style={{ width:"99%" }} width="1198" height="357" data-path="images/{C5FE1D1A-D41B-458F-9CFC-B497765F8624}.png" />

<br />

<Info>
  Market status is visible on the market card and market page
</Info>