The next French presidential election is currently expected to be held around April 2027. This market pertains to the outcome of the next French presidential election, regardless of whether it follows the scheduled end of the current term or is held earlier. The President of France is elected via a two-round system; a candidate must secure over 50% of the vote to win outright in the first round. If no candidate achieves this, the top two contenders advance to a runoff. This market will resolve according to the candidate who wins this election. This market includes any potential second round. If, for any reason, the results of the election are not known by December 31, 2027, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the French Government, specifically the Ministry of the Interior (https://www.interieur.gouv.fr/).
Marine Le Pen maintains her lead in trader pricing for the 2027 French presidential race, reflecting sustained National Rally strength on immigration and EU skepticism, even after her July 2026 embezzlement conviction was upheld on appeal. Édouard Philippe trails closely as the main center-right alternative, benefiting from his record as a former prime minister and perceived ability to consolidate moderate votes in a potential runoff. Jean-Luc Mélenchon’s position stems from recent polling gains on the left amid fragmentation among other progressive figures. The crowded field of over 30 declared or potential candidates, including Gabriel Attal and Bruno Retailleau, keeps the implied probabilities tight, with outcomes likely hinging on first-round turnout patterns and any late shifts in alliances before the April 2027 vote.