This market will resolve to “Yes” if a snap election is called in Spain by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.” The calling of a snap election requires the formal dissolution of at least one house of the Spanish Parliament or another formal scheduling, according to the rules of the jurisdiction, of an election for all members of at least one house of the Spanish Parliament prior to their scheduled election at the end of their parliamentary term. The resolution source for this market will be official information from the government of Spain; however, a consensus of credible reporting may also be used.