If Rae Huang finishes in 2nd place in the first round of the Los Angeles mayoral election according to the certified results, then the market resolves to Yes. Ranking is determined by the specified counting method: For plurality voting: rank is based on vote count or percentage For ranked choice voting: rank is determined by elimination order (runner-up is eliminated in final round for second place) For two-round systems: rank is based on final round results if it proceeds to second round, otherwise first-round totals For proportional representation: rank follows the electoral authority's final seat allocation order In case of exact ties, markets resolve proportionally (1/number of tied entities). Write-in candidates achieving the specified rank resolve all named candidate markets to NO unless a specific "Write-in" or "Other" option exists. Candidates who withdraw or are disqualified after the filing deadline but remain on the ballot are ranked based on votes received. If the election is cancelled or postponed beyond expiration, all markets resolve to NO. This market will close and expire early if certified election results are published.