There are 3 phases in a market event
IPO
Before the event, users bid for player shares. Users can see their winning share totals at all times, and are notified if they're outbid by another user. Shares are available to trade once the IPO ends.
Live
Once the IPO ends, live trading starts. Follow along for live updates and scoring, projections, and prices. Buy and sell in real-time by trading with other users. Prices update based on available trade offers.
Final
After the last game, players are ranked according to their fantasy points scored. All share prices update to reflect final "Valuations". Users are awarded prizes based on their final chip count (available plus holdings).