Since 2012, FIDE has held the World Rapid and Blitz Championships at a joint tournament.

The time control was 15 minutes per player with a 10-second per-move increment.

[3] The prize fund for both the open and women's tournament is shown below.

In case of a tie (except for first place) all prize money is shared between the players.

[1][4] Open tournament: Total: $350,000 Women's tournament: Total: $150,000 For players who finish on the same score, final position is determined by the following tie-breaks, in order: If two or more players are tied for any position other than first, the above mentioned tiebreak system shall decide the ranking of the tied players.