Saturday, August 31, 2013

SRI TAT SAT MANAGEMENT: Better Pricing

SRI TAT SAT MANAGEMENT: Better Pricing: Our Platform Provider award-winning online trading platform executes your trades quickly, at better prices. 1 S...

Thursday, August 8, 2013

Online trading

Trade with confidence using our fast and reliable platform.

Charting and analysis

You can view real-time charts, news, trends and stats on how  clients are positioned on any market with our insight news, analysis and dealing centre.

Our insight centre

Our insight centre
Analyse, research and develop your trading on our unique insight news, analysis and dealing centre.

Charts

Professional charts
Monitor trends, customise alerts, and use deal-through charts to open, close and manage your positions.

Platform features

  • Trade confidently in fast-moving markets. We execute trades in 0.1 seconds or quicker1
  • Rest assured of a stable platform, open 24 hours a day with under 0.1% downtime2
  • Trade at better prices thanks to our
    price-improvement technology
  • Tailor your platform's layout to best support your trading
  • Trade directly into the order books of global equity exchanges and forex markets with direct market access
Trading platform video

Better Pricing

Our Platform Provider award-winning online trading platform executes your trades quickly, at better prices.1

Speed

Execute Trades QuicklyOur platform completes over 99.5% of trades in under one tenth of a second.2

Fast-moving markets can offer prices which can move at the moment you click to trade.

To hit this moving target and deliver the price you requested, our online trading platform provides lightning-fast execution – even during periods of volatility.

See how your trading benefits from the speed of our execution.

Pricing

Guaranteed Market PricesNo requotes and improved prices.

We execute trades differently from other providers.

Though prices can change rapidly as you trade online, we guarantee we will never fill your trade at a worse price than you asked for. Rather than fill your order at a price you don’t want, we ask you to re-submit it.

Equally, if a better price becomes available, we can give you that price. This approach, delivered through our price-improvement technology,

 See how our platform can improve the price you trade at.

sourcing

Sourcing PricesWe scan multiple venues to source better prices.

We source forex and share prices from many, alternative venues such as Multilateral Trading Facilities, in addition to primary exchanges.

In this way you receive greater liquidity, providing access to the best prices worldwide, when trading online with us.

See how we provide better forex and share prices

Security

Security
Our trading platform Provider uses leading, industry-standard online security mechanisms, to ensure the security of your online trading.

SSL (Secure Sockets Layer) encryption is the online standard for financial transactions, used by the major banks. So when you log into our trading platform you can be safe in the knowledge that your money is secure, and trade on any available market with confidence.

There are, however, further steps you can take yourself to make your transactions as secure as possible. Browse our Help & Support portal to learn more about our online security measures, and how you can further protect yourself.

Secure online trading platform

What you can do

One of the easiest, cheapest (or free) ways to improve your online security is to use the most up-to-date software on offer. Providers like Mozilla and Microsoft typically issue regular patches and updates for their web browsers, to fix security issues and improve performance. Some of the main benefits of upgrading your browser include:
  • Improved security
  • Better and faster access to websites and applications
  • Dramatically reduced login times
For more information, please visit our browsers page. 

PHISHING

You should also be vigilant against phishing, whereby fraudulent emails request your personal data, or prompt you to download a virus.

While anti-virus, anti-spyware, firewalls and other software - along with your email client's spam/junk filters - help to address this risk, phishing emails can penetrate these protective measures, and you are ultimately responsible for safeguarding your own personal data.

Please note that Our platform provider will not request your personal account details via email. Should you have any doubts or concerns regarding any communication you receive regarding your account, please contact our.

If you think your account could have been accessed without your permission, you can view the last time your account was logged into by clicking on My Account, History, Overview then the field 'Previously logged in', when logging in to your account.

Charts

Our pro-level charting package is the ideal companion to your trading. Whether you use our Charts or ProRealTime, they’ll provide an array of tools to enhance your technical analysis possibilities.

Our essential charting solution

Our range of charting options caters for every user, from the  novice to the most experienced professional trader.
Our charting packages are divided into two categories: Charts - built and maintained by Platform provider - and ProRealTime, a leader in charting technology. Both charts packages are available within our trading platform.

ProRealTime Charts

Developed by platform provider , the ProRealTime charting package is laden with features - all available free of charge if you trade regularly with us:
Chart Indicators

Indicators

View over 70 technical indicators
Charts_True-Real-Time

True Real-time

See each tick as it comes in with a special screen
Charts_User-Friendly

User Friendly

Get pop-up help on each chart feature
Charts_Portfolios

Portfolios

Monitor the performance of your portfolios in one place
Charts_Intraday

Intraday and Past

See tick-by-tick and historical data together
Charts_Alerts

Alerts

Set alerts to notify you on when the market changes
Charts_Customisation

Customisable

Tailor chart colours, fonts and more to suit your needs
Charts_Top-Movers

Top Movers

See today's hot instruments in real time
Charts_Backtesting

Backtesting

Test your strategies against real market data
Charts_Drawing-Tools

Drawing Tools

Create and save your own markings

Risk Disclosure Statement

Risk Disclosure Statement
   
Our Risk Disclosure Statement must be signed, witnessed and returned to us before you can start trading.
 
This statement does not disclose all the risks and other significant aspects of trading in derivative products such as contracts for differences, futures, options and leveraged foreign exchange. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to the risks. Trading in, futures, options and leveraged foreign exchange may not be suitable for many members of the public. You should carefully consider whether such trading is appropriate for you in the light of your experience, objectives, financial resources and other relevant circumstances. In considering whether to trade, you should be aware of the following:

(a) Futures and Leveraged Foreign Exchange Trading

(i) Effect of 'Leverage' or 'Gearing'

 Transactions in, futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the, futures contract or leveraged foreign exchange transaction so that the transaction is highly ‘leveraged’ or ‘geared’. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the specified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account.

(ii) Risk-Reducing Orders or Strategies

 The placing of certain orders (e.g. ‘stop-loss’ orders, where permitted under local law, or ‘stop-limit’ orders) which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such orders. At times, it is also difficult or impossible to liquidate a position without incurring substantial losses. Strategies using combinations of positions, such as ‘spread’ and ‘straddle’ positions may be as risky as taking simple ‘long’ or ‘short’ positions.

(b) Options

Variable Degree of Risk
Transactions in options carry a high degree of risk. Purchasers and sellers of options should familiarise themselves with the type of options (i.e. put or call) which they contemplate trading and the associated risks. You should calculate the extent to which the value of the options would have to increase for your position to become profitable, taking into account the premium paid and all transaction costs.

The purchaser of options may offset its position by trading in the market or exercise the options or allow the options to expire. The exercise of an option results either in a cash settlement or in the purchaser acquiring or delivering the underlying interest. If the option is on a futures contract or leveraged foreign exchange transaction, the purchaser will have to acquire a futures or leveraged foreign exchange position, as the case may be, with associated liabilities for margin (see the section on, Futures and Leveraged Foreign Exchange Trading above). If the purchased options expire worthless, you will suffer a total loss of your investment which will consist of the option premium paid plus transaction costs. If you are contemplating purchasing deep-out-of-the-money options, you should be aware that, ordinarily, the chance of such options becoming profitable is remote.
Selling (‘writing’ or ‘granting’) an option generally entails considerably greater risk than purchasing options. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess of the amount of premium received. The seller will be liable to deposit additional margin to maintain the position if the market moves unfavourably. The seller will also be exposed to the risk of the purchaser exercising the option and the seller will be obligated to either settle the option in cash or to acquire or deliver the underlying interest. If the option is on a futures contract or a leveraged foreign exchange transaction, the seller will acquire a futures or leveraged foreign exchange position, as the case may be, with associated liabilities for margin (see the section on, Futures and Leveraged Foreign Exchange Trading above). If the option is ‘covered’ by the seller holding a corresponding position in the underlying futures contract, leveraged foreign exchange transaction or another option, the risk may be reduced. If the option is not covered, the risk of loss can be unlimited.
Certain exchanges in some jurisdictions permit deferred payment of the option premium, limiting the liability of the purchaser to margin payments not exceeding the amount of the premium. The purchaser is still subject to the risk of losing the premium and transaction costs. When the option is exercised or expires, the purchaser is responsible for any unpaid premium outstanding at that time.

(c) Additional Risks Common, Futures, Options and Leveraged Foreign Exchange Trading

(i) Terms and Conditions of Contracts
You should ask the corporation with which you conduct your transactions for the terms and conditions of the specific transactions, futures contract, option or leveraged foreign exchange transaction which you are trading and the associated obligations (e.g. the circumstances under which you may become obligated to make or take delivery of the underlying interest of a futures contract or a leveraged foreign exchange transaction and, in respect of options, expiration dates and restrictions on the time for exercise). Under certain circumstances, the specifications of outstanding contracts (including the exercise price of an option) may be modified by the exchange or clearing house to reflect changes in the underlying interest.

(ii) Suspension or Restriction of Trading and Pricing Relationships

 Market conditions (e.g. illiquidity) or the operation of the rules of certain markets (e.g. the suspension of trading in any contract or contract month because of price limits or ‘circuit breakers’) may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions. If you have sold options, this may increase the risk of loss.
Further, normal pricing relationships between the underlying interest and the futures contract, and the underlying interest and the option may not exist. This can occur when, e.g., the futures contract underlying the option is subject to price limits while the option is not. The absence of an underlying reference price may make it difficult to judge ‘fair’ value.

(iii) Deposited Cash and Property

 You should familiarise yourself with the protection accorded to any money or other property which you deposit for domestic and foreign transactions, particularly in a firm’s insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

(d) Commission and Other Charges

Before you begin to trade, you should obtain a clear explanation of all commissions, fees and other charges for which you will be liable. These charges will affect your net profit (if any) or increase your loss.

(e) Transactions in Other Jurisdictions

Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. Such markets may be subject to a rule which may offer different or diminished investor protection. Before you trade, you should enquire about any rules relevant to your particular transactions. Your local regulatory authority will be unable to compel the enforcement of the rules of the regulatory authorities or markets in other jurisdictions where your transactions have been effected. You should ask the firm with which you conduct your transactions for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade.

(f) Currency Risks

The profit or loss in transactions in foreign currency-denominated futures and options contracts (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to another currency.

(g) Trading Facilities

Most open-outcry and electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the one or more parties, namely the system provider, the market, the clearing house or member firms. Such limits may vary. You should ask the firm with which you conduct your transactions for details in this respect.

(h) Electronic Trading

Trading on an electronic trading system may differ not only from trading in an open-outcry market but also from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or not executed at all.

(i) Off-Exchange Transactions

In some jurisdictions, firms are permitted to effect off-exchange transactions. The firm with which you conduct your transactions may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarise yourself with the applicable rules and attendant risks.

Note:

“Margin” means an amount of money, securities, property or other collateral, representing a part of the value of the contract or agreement to be entered into, which is deposited by the buyer or the seller of a futures contract or in a leveraged foreign exchange transaction to ensure performance of the terms of the futures contract or leveraged foreign exchange transaction.

Supporting Documents for Investment

Before you can begin trading, we have to verify your identification and address, assess your trading knowledge and ensure you agree to a Risk Disclosure Statement.
Photographing documentsPlease provide the following documents either by email, fax, post or visiting our office. Photos emailed from your handphone must be clear and legible:
  1. Identity Card, Passport or Driving Licence
  2. Proof of address, e.g. a recent bank/credit card statement or utility bill dated within the last six months. Original bills and statements will not be returned
  3. A signed, witnessed copy of our Risk Disclosure Statement

Malaysian / Permanent Residents (PR)

You can either
  • Bring your original Identity Card to our Battery Road office, it will suffice for requirements 1 and 2 above, and we can provide a copy of our Risk Disclosure Statement; or
  • Email, fax or post a copy of your Identity Card, a proof of address and our forms - duly completed - to us at the contact details below

Singapore Residents without PR status

When providing the documents above, you should provide a copy of your Passport and either your Employment Pass or Dependant’s Pass.

Non-Malaysian residents

Please email, fax or post copies of your Passport, a bank statement (or statement of a credit card issued by a bank) and a completed copy of our Risk Disclosure Statement.
We will require a faxed, emailed or posted copy of the completed Risk Disclosure Statement in each case.

Margin Policy

Our Margin Policy protects you against adverse market movements by closing your positions if they risk causing losses which your account equity balance can’t sustain.
Outlined in a clear and transparent manner in section 14 of our Customer Agreement, the policy explains when positions will be automatically closed; when they will be considered to carry too much risk. This is particularly relevant in times of market volatility.
When the market moves against you, the equity balance on your account may not be sufficient to cover the maintenance margin of your open positions and/or working orders. If there are insufficient funds in your account, we may close some or all of your positions or working orders to protect you from losses, so it’s in your interest and ours to ensure sufficient funds remain in your account for positions to stay open.

Your responsibility

While we may make a ‘Margin Call’ via email to alert you if your account balance needs to be topped up to prevent positions being automatically closed, we are under no obligation - and we are sometimes unable - to do so.
It is your responsibility to manage the balance on your account to maintain the margin required for open positions and working orders.
The automatic closure under the circumstances above occurs to ensure clients do not make losses greater than they can afford.

FX - Limited Risk Options

You can now trade daily Limited Risk Options on major forex pairs.

Limit your potential risk but not your potential profit

Only available to our Singapore clients, Limited Risk Options are a new way of taking a position on forex pairs such as EUR/USD.
They have either a predetermined ceiling or floor built in to limit your risk to a value known upfront. You choose your floor or ceiling from a list of available levels when you open the trade. There is no added cost for this; it is built into the price of the product.
As the products have either a ceiling (for a sell position) or a floor (for a buy position), they let you cap your potential loss but not your potential profit, controlling your risk in a manner similar to using Stop orders. Unlike Stop orders, the floor or ceiling on a Limited Risk Option cannot be changed on open positions.
Forex - Limited Risk Options

Keep your positions open

Another key difference between these products and traditional Stops on other products is that a market trading through a floor or ceiling on a Limited Risk Option won’t stop out your position.
Rather, it remains open until you close it, or until it expires at 11pm that night, Singapore time.
This means that even if the price moves against you and breaks through your floor or ceiling, your position will stay open and benefit from any subsequent change in the market there might be in your favour, until 11pm that night.
Regardless of price movements, you are free to close your position at any time up until one minute prior to expiry.

Peace of mind

Limited Risk Options provide the peace of mind of knowing that your position will not get closed at a worse price than the resistance level – the floor or ceiling - stated at the time of opening the position.

Trailing Stops risk managment

Trailing Stops

   
Trailing Stops move the level of your Stop on your position, in line with market improvements.
As Non-Guaranteed Stop orders, Trailing Stops are free of charge, and they can be added, deleted or amended on positions at any point before they are closed.
Equally, however, the protection they provide is limited in that they carry no guarantee to protect your position against slippage should the market gap. That level of protection is only available through Guaranteed Stops.

How Trailing Stops work

The unique benefit of these Stops is that they automatically adjust – in incremental stages and on conditions which you have set – to mirror market movements.
So you needn’t watch the market and adjust your Stops when markets are moving in your favour, as a Trailing Stop does it for you. In this manner they help to lock in the profits on your trade, without requiring constant attention and amendments from you.
Of course, as these are Non-Guaranteed Stops, you can amend Trailing Stops on your open position - or even remove them - at any point.

Setting up a Trailing Stop

To use Trailing Stops, you must first activate them on your account on the trading platform. To do this, simply:
  • Go to Preferences (in My Account)
  • Select 'Allow Trailing Stops'
  • Accept the special terms and conditions
  • Click 'Set Preferences'
You will now find a Trailing Stop check-box on your Deal Ticket for most forex trades, and selected indices and commodities.

Non-guaranteed Stops risk management

Non-guaranteed Stops
   
Non-Guaranteed Stop orders let you trade with the peace of mind that your position will be closed if the market trends against your position.
A key difference from Guaranteed Stops is suggested in the title; Non-Guaranteed Stops carry no guarantee of protection against slippage should the market gap. This means that your position could be closed at a worse price than your Non-Guaranteed Stop level.
Unlike Guaranteed Stops, however, Non-Guaranteed Stops can be added to - and removed from - open positions at any point, not just on opening a trade. Their level can also be moved while the position is open, regardless of whether the underlying market is open or closed at the time. And they are free of charge.

Flexibility

Non-Guaranteed Stops provide the flexibility to alter your trading strategy on open positions, as the market moves.
You could add a Stop order to limit your risk of losses while you take your eye off the market for some time, or increase the level of your Stop order if the market has moved in your favour, for instance.

Guaranteed Stops risk management


Guaranteed Stops

Providing protection from sharp market movements against you, a Guaranteed Stop on your position ensures it will be closed at the price you state, with no slippage.
Guaranteed stop orders
The security and peace of mind of a Guaranteed Stop incurs a small cost, referred to as our Limited Risk Premium. Effectively an insurance premium, this cost has been reduced to start from just 0.8 pips on forex products.

Price lowered

The reduced pricing structure of Guaranteed Stops is as follows:
  • Forex - From 0.8 pips
  • Shares - From 0.3% of the transaction value
  • Indices - From 0.1 points
  • Commodities - From 0.2 points
The margin requirement for Limited Risk trades – those with Guaranteed Stops – is equal to the value at risk if the Guaranteed Stop is triggered, plus 10% to cover any holding costs, for example funding or dividend requirements.

Margin requirement

Guaranteed Stop
 
In this respect, the margin shown in the Deal Ticket confirms not only the margin requirement, but also the potential loss of the trade due to market movements. This is displayed in the relevant underlying currency and your preferred currency, in a clear, transparent and upfront manner.
Guaranteed Stops can only be added to the trade when it is opened, and you are free to change the level of the Guaranteed Stop until the trade is closed.
Bear in mind that you are also responsible for retaining sufficient funds in your account to cover incidental costs for funding and holding positions overnight, for example, and interest and dividend adjustments, should these apply.

Rebates for High Volume Forex Traders

If you're an active trader dealing large volumes each month, it's likely you are eligible for automatic rebates.
High volume traders are eligible for automatic rebates on all forex pairs, if they trade over 5000 standard lots (or equivalent) each calendar month.

Am I eligible?

Everyone's eligible for automatic rebates, provided they meet the volume threshold in a month's trading. There are no forms to fill in - just keep trading as normal and if you meet the high-volume level, we will automatically pay the rebate direct to your IG account. Simple - no fuss, no hassle, we do everything for you.

How much do I save?

Automatic rebates are available for all forex trading, with the monthly rebate is realised on your account in USD.
Forex rebates
No. of standard lots (or equivalent) Rebate per lot
On the first 5000 US$0.50
On the next 20000 US$0.75
25001 plus US$1.00

Forex savings example


Please note that the period over which monthly rebates are calculated begins and ends with the start of the calendar month in UK time. As forex markets are traded 24 hours, there will be a short period at the start and end of each month when the rebate period is not in synch with the calendar month in Singapore, due to the time difference with the UK.

Competitive Rates

We charged at some of the most competitive spreads and commission rates available, with all costs made clear before you trade.

What we charge and why
Please see below for an overview of our charges.
Our transparent prices page outlines our commitment to providing upfront prices and no hidden costs.

Spread and commission

CFD Spreads
 
Our share are offered at the underlying market price without any mark-up. We simply charge a small commission to open and close your position.
Our other markets – such as forex, indices and commodities  - are provided commission-free. All you pay is a spread, added to the underlying market price.

Funding

CFD Funding
 
If you keep a position open overnight, we charge a small funding fee.
For share and standard cash index trades, this cost is based on the relevant interbank rate (e.g. SIBOR) plus/minus our low finance rate of 2.5%, depending on whether the position is long or short. The interbank rate used is based on the currency you're trading in. For non-standard MYR-denominated, or mini shares contracts, the fee is the one-month interbank rate +/-3%.
For forex positions kept open overnight, this fee is the 'tom-next' rate plus an admin charge of no more than 0.3% on either side of the tom-next spread.

Currency conversion

Currency Trading ConversionYour profit or loss is converted into the currency you set up on your account, at a rate not worse than 0.3% from the mid-price at the time.

No administration charges

We have no hidden admin charges, such as margin call or one time platform fees $250. Our pricing approach is clear and transparent.
We charge a monthly inactivity fee of $250 on the first of the month if no trading activity has occurred for two years or more, provided you have a positive balance on your account. ‘Trading activity’ is defined as opening or closing a position, or updating an open position.

External fees

We pass on a 2.1% payment-processing fee, We do not mark this up, we simply pass it on.
We also charge a data fee for access to live exchange price data, on a charge-and-refund basis whereby it is refunded if you place a nominal, minimum number of trades per month. You can view further details in My Account > Data Feeds after you log in to our trading platform.

Borrowing charges

With short share positions, we may pass a borrowing charge to you if we incur such a charge when we open a trade in the underlying market. Our dealers can explain in advance whether such a charge will apply, and we will pass any such charges on with no mark up.

Limited risk

Our guaranteed stops – which provide the best possible protection from market movements against you – are available for a small charge, starting from 0.8 pips on forex.

Binary Options contract details Forex & Commodities

Binaries: Forex & Commodities Information Table
MarketHours (local time unless stated)Value of one contract (per point)Spread (1)Settles with reference to (2)
Daily / Weekly
USD/CAD
Ladder
24 hours with gaps (3) US$10 3-7 Daily - Spot level of USD/CAD
Weekly level of USD/CAD (3)
Daily / Weekly
AUD/USD
Ladder
24 hours with gaps (3) US$10 3-6 Daily - Spot level of AUD/USD
Weekly level of GBP/USD (3)
Daily / Weekly
EUR/USD
Ladder
24 hours with gaps (3) US$10 3-7 Daily - Spot level of EUR/USD
Weekly level of EUR/USD (3)
Daily / Weekly
GBP/USD
Ladder
24 hours with gaps (3) US$10 3-7 Daily - Spot level of GBP/USD
Weekly level of GBP/USD (3)
Daily / Weekly
USD/JPY
Ladder
24 hours with gaps (3)¥1000 3-7 Daily - Spot level of USD/JPY
Weekly level of USD/JPY (3)
Daily / Weekly
USD/CHF
Ladder
24 hours with gaps (3) CHF10 3-7 Spot level of USD/CHF (3)
Daily / Weekly
EUR/GBP
Ladder
24 hours with gaps (3)£10 3-7 Spot level of EUR/GBP (3)
EUR/USD Daily / Monthly One Touch 24 hours with gaps (3) US$10 3-7 Spot level of EUR/USD (3)
GBP/USD Daily / Monthly One Touch 24 hours with gaps (3) US$10 3-7 Spot level of GBP/USD (3)
AUD/USD Daily One Touch 24 hours with gaps (3) US$10 3-8 Spot level of AUD/USD (3)
Daily US Crude OneTouch 08.00-19.25 (London time) (4) US$10 3-7 (4)
Gold 16.00-08.00; 08.20-13.25 US$10 3-7 (5)
Silver 16.00-08.00; 08.25-13.20 US$10 3-7 (6)
Weekly Silver Futures 03.00 Monday - 13.20 Friday NY Time US$10 3-8 Official close of the stated Silver contract on Friday of each week.
Weekly US Light Crude Oil 03.00 Monday - 14.25 Friday NY Time US$10 3-8 Official close of the Nymex Crude Oil Future on Friday of each week.
 

Binary Options Indices contract details

We quote on a wide range of markets, with all binaries settling at either zero or 100.

Indices

Binaries: Indices Information Table
MarketHours (1)Value of one contract (per point)Spread (2)Settles with reference to (3)
Singapore Blue Chip: Daily Up/Down 08.31-17.05 US$10 2-8 Daily official settlement price of underlying futures contract (4)
Singapore Blue Chip: Ladder 08.31-17.05 US$10 2-8 Daily official settlement price of underlying futures contract (4)
Australia 200 cash: Daily Up/Down 10.01-15.59 A$10 3-7 Official daily closing price of the ASX 200 (5)
Australia 200 cash: Hourly Ladder 10.01-15.59 A$10 2-10 See note (6)
Australia 200 cash: Daily Targets 10.01-15.59 A$10 1-9 Official daily closing price of the ASX 200 (5)
Australia 200 cash: 1pm Up/Down 10.01-12.59 A$10 3-7 First print of the ASX 200 cash index at 13.00 Sydney time (7)
Australia 200 cash: 1pm Targets 10.01-12.59 A$10 1-9 First print of the ASX 200 cash index at 13.00 Sydney time (7)
Australia 200 cash: Weekly Up/Down 10.01-15.59 A$10 3-10 Offical closing price of the ASX 200 on the last trading day of the week in question (5)
Australia 200 cash: Weekly Ladder 10.01-15.59 A$10 3-10 Offical closing price of the ASX 200 on the last trading day of the week in question (5)
Wall Street:
Daily Up/Down
24 hours with gaps (8) US$10 3-7 Official daily closing price of Wall Street
Wall Street: 18.00 Up/Down 24 hours with gaps (8) US$10 3-7 First print of Wall Street at 18.00 London time (9)
Wall Street: Hourly Up/Down 24 hours with gaps (10) US$10 3-7 See note (10)
Wall Street: Weekly Up/Down 24 hours with gaps (12) US$10 3-7 Official closing price of Wall Street on the last trading day of the week in question
Wall Street:
Daily Targets
24 hours with gaps (8) US$10 3-7 Official daily closing price of Wall Street
Wall Street:
18.00 Targets
24 hours with gaps (9) US$10 3-7 First print of Wall Street at 18.00 London time (9)
Wall Street:
Weekly Targets
24 hours with gaps (12) US$10 3-7 Official closing price of Wall Street on the last trading day of the week in question
US SPX500: Daily Up/Down 24 hours with gaps (13) US$10 3-7 Official daily closing price of the S&P 500
US SPX500: Daily Targets 24 hours with gaps (13) US$10 3-7 Official daily closing price of the S&P 500
US Tech 100: Daily Up/Down 24 hours with gaps (14) US$10 3-7 Official daily closing price of the Nasdaq 100
US Tech 100: Daily Targets 24 hours with gaps (14) US$10 3-7 Official daily closing price of the Nasdaq 100
FTSE® 100: Daily Up/Down 24 hours with gaps (15)£10 3-7 Official daily closing price of the FTSE® 100
FTSE® 100: Weekly Up/Down 24 hours with gaps (17)£10 3-7 Official closing price of FTSE® 100 on the last trading day of the week in question
FTSE® 100: 'Midday' Up/Down 24 hours with gaps (18)£10 3-7 First print of the FTSE® 100 at 12.00 (18)
FTSE® 100: '3pm' Up/Down 24 hours with gaps (19)£10 3-7 First print of the FTSE® 100 at 15.00 (19)
FTSE® 100: Hourly Up/Down 24 hours with gaps (20)£10 3-7 See note (20)
FTSE® 100: Daily Targets 24 hours with gaps (15)£10 3-7 Official daily closing price of the FTSE® 100
FTSE® 100: Weekly Targets 24 hours with gaps (17)£10 3-7 Official closing price of FTSE® 100 on the last trading day of the week in question
FTSE® 100: 'Midday' Targets 24 hours with gaps (18)£10 3-7 First print of the FTSE® 100 at 12.00 (18)
FTSE® 100: '3pm' Targets 24 hours with gaps (19)£10 3-7 First print of the FTSE® 100 at 15.00 (19)
Germany 30: Daily Up/Down 24 hours with gaps (21)€10 3-7 Official daily closing price of DAX 30 (21)
Germany 30: Daily Targets 24 hours with gaps (21)€10 3-7 Official daily closing price of DAX 30 (21)
Germany 30: Weekly Up/Down 24 hours with gaps (21)€10 3-7 Official closing price of DAX 30 on the last trading day of the week in question (21)
France 40:
Daily Up/Down
09.02-17.29 (22)€10 3-11 Official daily closing price of CAC 40 (22)
France 40: Daily Ladder 09.02-17.29 (22)€10 3-11 Official daily closing price of CAC 40 (22)
Hong Kong HS42: Daily Up/Down 09.16-11.59; 13.01-16.13 US$10 2-7 Daily official settlement price of underlying futures contract (23)
Hong Kong HS42: Ladder 09.16-11.59; 13.01-16.13 US$10 2-7 Daily official settlement price of underlying futures contract (23)
China H-Shares: Daily Up/Down 09.16-11.59; 13.01-16.13 US$10 2-8 Daily official settlement price of underlying futures contract (24)
China H-Shares: Ladder 09.16-11.59; 13.01-16.13 US$10 2-8 Daily official settlement price of underlying futures contract (24)
China 300 futures: Daily Up/Down 09.16-11.29; 13.16-16.13 US$10 2-8 Daily official settlement price of underlying futures contract (24)
China 300 futures: Ladder 09.16-11.29; 13.16-16.13 US$10 2-8 Daily official settlement price of underlying futures contract (24)
Japan 225: Daily Up/Down 09.03-14.59 Y1000 2-8 Daily official settlement price of Nikkei 225 as reported by TSE (25)
Japan 225: Hourly Ladder 09.03-14.59 Y1000 2-10 See note (16)
Japan 225: Ladder 09.03-14.59 Y1000 2-8 Daily official settlement price of Nikkei 225 as reported by TSE (25)
Taiwan All-Share futures: Daily Up/Down 08.45-13.45 US$10 2-8 Daily official settlement price of underlying futures contract
Taiwan All-Share futures: Ladder 08.45-13.45 US$10 2-8 Daily official settlement price of underlying futures contract
India 50 futures: Daily Up/Down 09.58-15.25 US$10 2-8 Daily official settlement price of underlying futures contract (26)
India 50 futures: Ladder 09.58-15.25 US$10 2-8 Daily official settlement price of underlying futures contract (26)
Japan All-Share futures: Daily Up/Down 09.05-10.59; 12.31-15.00 Y1000 2-11 Daily official settlement price of underlying futures contract (27)
Japan All-Share futures: Ladder 09.05-10.59; 12.31-15.00 Y1000 2-11 Daily official settlement price of underlying futures contract (27)
Italy 40: Daily Ladder 09.05-17.20€10 3-7 Official daily closing price of S&P/MIB (28)
Italy 40: Daily Up/Down 09.05-17.20€10 3-7 Official daily closing price of S&P/MIB (28)
Spain 35: Daily Ladder 09.05-17.29€10 3-11 Official daily closing price of IBEX 35 (29)
Spain 35: Daily Up/Down 09.05-17.29€10 3-11 Official daily closing price of IBEX 35 (29)
Spain 35: Daily OneTouch 09:01-17:29 US$10 3-9 Achievement of named level of Spain 35 at any time up to and including the settlement (30)
Australia 200: Daily OneTouch 10.01- 15.59 A$10 3-7 Achievement of named level of cash ASX 200 index at any time up to and including the settlement (30)
Australia 200: Annual OneTouch 10.01- 15.59 A$10 3-7 Achievement of named level of cash ASX 200 index at any time up to and including the settlement (30)
FTSE® 100: 12.00 OneTouch 08.01- 11.59£10 3-7 Achievement of named level of FTSE® 100 at any time up to and including the settlement (30)
FTSE® 100: Daily OneTouch 08.01-16.29£10 3-7 Achievement of named level of FTSE® 100 at any time up to and including the settlement (30)
Wall Street: 18.00 OneTouch 14.31-17.59 London time US$10 3-9 Achievement of named level of Wall Street at any time up to and including first print of index at 18.00 London time (30)
Wall Street: Daily OneTouch 14.31- 20.59 London time US$10 3-9 Achievement of named level of Wall Street at any time up to and including the settlement (30)
Germany 30: Daily OneTouch 09.01- 17.29£10 3-7 Achievement of named level of Germany 30 at any time up to and including the settlement (30)
France 40: Daily OneTouch 09.01-17.29£10 3-7 Achievement of named level of France 40 at any time up to and including the settlement (30)
Italy 40: Daily OneTouch 09.01-17.29 US$10 3-9 Achievement of named level of Italy 40 at any time up to and including first print of index at 18.00 London time (30)
Japan 225: Daily OneTouch 09.03-14.59 Y1000 2-8 Achievement of named level of Japan 225 at any time up to and including the settlement (30)
Weekly S&P Futures 03.00-16.14 NY time (31) US$10 3-8 Official close of the S&P 500 Index Futures on Friday of each week
South Africa 40 cash: Up/Down 08.05-15.50 London time R50 2.5-8 The previous trading day's official settlement
South Africa 40 cash: Ladder 08.05-15.50 London time R50 2.5-8 The previous trading day's official settlement
UK equities Up/Down 08:10 - 16:28 London time (32)£10 3-8 Achievement of price changes between the share's official opening print and the same day's official closing price.
Sweden 30: Daily Up/Down 09.05-17.20 SEK100 3-12 Daily official settlement price of the OMXS30
Sweden 30: Ladder 09.05-17.20 SEK100 3-12 Daily official settlement price of the OMXS30
Netherlands 25: Daily Up/Down 09.05-17.25€10 3-10 See note (11)
Netherlands 25: Ladder 09.05-17.25€10 3-10 See note (11)
 

Binary Options Trading 2

We offer binaries on stock indices, forex, commodities and a range of specials, including the ability to take a position on the US Non-farm Payroll figures.

Indices

Binaries for Indices
 
Singapore Blue Chip, Hong Kong HS42, Wall Street, US Tech 100, US SPX500, FTSE® 100, Germany 30, Italy 40, Japan 225, Japan All-Share, Taiwan All-Share, China H-Shares, Australia 200, India 50 and more.
 
Indices binary trades are offered against the official closing level of the underlying index/future relative to the previous day's close. We also offer a range of timescales, including hourly, intraday and weekly binary trades on a number of global indices.

Spot Forex

Forex binaries
 
EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD
 
Binary trades are offered against the 8pm London time spot rate of the forex pair concerned. For example, a ’AUS/USD to be above 8950' trade is based on whether the AUS/USD will be higher than 8950 at 8pm London time.

Commodities

Commodities Binaries
 
Gold, Silver, US Light Crude Oil
Commodity binary trades are offered against the official daily settlement level of the relevant futures contract for the nearest liquid month. For example, 'June Gold to be above 1256' is based on whether the June Gold contract will finish above the specified level on the last trading day. Crude Oil binary trades are offered on hourly changes in the relevant futures contract.
Extreme short-term trades Five and twenty-minute periods on the Wall Street, FTSE® and Germany 30. For example, will the FTSE® index rise in the next five minutes? The ultimate high-volatility trade!

Why trade binary options 1

Binary trading offers the following benefits:
  • Potential for dramatic short-term returns: As a market approaches expiry, the value of a binary can increase in value by several hundred percent in less than an hour.
  • Strictly limited risk: You cannot lose more than the premium you have paid.
  • Wide range of markets: We offer a wide choice binaries on forex, indices, commodities and more.
  • Continuous dealing prices: We quote a continuous price until very shortly before the underlying market closes. So you can close your position without waiting for the market settlement.
  • Go long or short: You can buy or sell any binaries we quote.
Types of binaries
All binaries settle at either 0 or 100, but there are different criteria to be satisfied for different types of binaries.

Ladders

A binary trade on whether the underlying market will finish above a stated level. For example, a 'Gold to be above 1256' Ladder will settle at 100 if the Gold finishes the day at or above 1256 and will settle at 0 if it finishes below 1256.

Targets

A binary trade on whether a market will close in a certain range. For example, a ‘FTSE® to finish down 50-60 points’ on that day’s trading target will close at 100 if this should happen. It will close at 0 if this event does not occur.
Hi-Lo
A binary trade on whether the day's high or low will be a given distance from the previous closing level.
OneTouch
A binary trade on whether the market will touch or go through the barrier level at any time before the stated expiry. For example, the ‘Daily Cash Australia 200 to touch 4710’ will settle at 100 if the 4710 level is breached before the end of the day’s trading session. It will settle at 0 if the level is not breached before the expiry time.
TUNNEL
A binary trade on whether the market will stay within two given barrier levels for the full period up to expiry. For example a ‘Wall St +/- 100’ tunnel’ will settle at 100 if Wall St stays within the +100 / -100 range for the whole trading day. But if it hits up 100 or down 100 at any point during the trading day the trade will settle at 0. Therefore when you buy a tunnel you are selling volatility and when you sell a tunnel you are buying volatility.
For details of how binary trades work, see our examples page.

Trading Spreads

We offer a range of variable spreads on binary trades.
You can trade on weekly, daily and hourly binaries.
Nearly all binary trade markets will have a spread in the range of 4-6 points. As prices move towards 50-50, the spread will be closer to 6, and as prices move towards 0 or 100, the spread will tend toward the lower end of the scale. If the price is close to 50-50 near the end of the market, the spread will often increase.

Thousands of Markets

Thousands of Markets 

Forex

Trade  with tight spreads on over 60 currency pairs, starting from 0.8 pips on EUR/USD, USD/JPY and AUD/USD.

Stock Indices    

Pay no commission or hidden fees on any indices, with spreads from 0.2 points on the  Blue Chip.

 Commodities    

Take a position on oil, gold, other energies and metals, as well as commodities, with standard, mini and micro contracts.

Forex – Limited Risk Options    

Know your risk up-front when day-trading forex, and keep your position open if prices hit your floor or ceiling.

Shares    

Trade on market prices on shares from Singapore and all major world equity market.

Binary Options

Discover how to trade on fast-moving yes/no propositions to know your potential risk and profit up front, with binary options.