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  • ...synchronizing...
EXPIRY RATES RULES
General Information

All rates are calculated based on the last known rates provided by Reuters.


TraderXP offers a variety of asset classes for its clients : stocks, currencies, commodities and leading indices. If you wish to trade an asset which is not offered on our platform, feel free to contact us by phone or via Analyst@traderxp.com and we will do our best to add the required asset.


The following expiry rules apply to all assets according to the asset class:


Currencies :  (Bid + Ask)/2 *

Stocks :  (Bid + Ask)/2 *

Commodities :  (Bid + Ask)/2 *

Indices: except  S&P 500, S&P FUTURE, NIKKEI FUTURE, NASDAQ FUTURE :  Last Quote.

                          S&P 500, S&P FUTURE, NIKKEI FUTURE, NASDAQ FUTURE : (Bid + Ask)/2


Relevant terms used to calculate the expiration rate :


Bid - The last known price prior to the options expiration time, for selling an asset quoted by Reuters.

Ask - The last known price prior to the options expiration time, for buying an asset quoted by Reuters.
Last Quoted Price - The last known price prior to the options expiration time that was actually payed for the asset. (This price may be the same or different than the bid or the ask prices).

Indices such as the Dow Jones or the FTSE are calculated based on the last traded price of all the stocks listed in the index and therefore, Reuters creates a last price for the index. A participant in the market can only buy the stocks or Exchange Traded Funds (ETF) and not the actual index.

Stocks and currencies have quotes of Bid and Ask. E.g. for Citigroup and Google stocks there is a price for buying the asset and a price for selling the asset, therefore TraderXP calculates the expiration price as the mid price which equals to (Bid + Ask)/2.


For Information including expiry rules regarding each specific asset traded on the platform see also Asset Index.


One Touch Options – General terms.

1.    The weekly One Touch option can be purchased on the weekend only. The sale of One Touch options opens on Saturdays at 12AM GMT and closes on Sundays at 20:00pm GMT for all One Touch Options expiring at the close of the coming week.

2.    The one touch has two expiry conditions – above or below.

3.    A One Touch option is based upon a daily sample rate, if this daily sample rate is reached the One Touch expires “in or at the money” and the investor is entitled to a payout of the full value of the option at the week’s close. If, throughout the week, the sample rate is not reached the investor will lose their initial investment.

4.    The One Touch terms and conditions are a supplementary addendum to TraderXP’s existing terms and conditions as written on our website and by no means impair or replace them in any manner whatsoever.


Expiry Rules:

EUR/USD –The 17:00 expiry rate as provided by Reuters
                      Reuters code : EUR=
                      Calculation : (Bid + ask)/2

AUD/USD - The 17:00 expiry rate as provided by Reuters
                      Reuters code : AUD=
                      Calculation : (Bid + ask)/2

GBP/USD- The 17:00 expiry rate as provided by Reuters
                      Reuters code : GBP=
                      Calculation : (Bid + ask)/2

OIL - The 17:00 expiry rate as provided by Reuters
                      Reuters code : CLV1
                      Calculation : (Bid + ask)/2

GOLD - The 17:00 expiry rate as provided by Reuters
                      Reuters code : AXU=
                      Calculation : (Bid + ask)/2

NASDAQ FUTURE - The 17:00 expiry rate as provided by Reuters
                      Reuters code : NQC1
                      Calculation : (Bid + ask)/2


The daily sample can be seen under "Expiry rates" .

For further information on TraderXP’s expiry rate rules please consult our Expiry Rate Rules


Fast Trader Pro Trader
  • 1
    Select any asset which you want to trade
  • 2
    Click "CALL"
    if you think its price will rise above the current level
    Click "PUT"
    if you expect the price to fall below the current level.
  • 3
    Choose the amount which you want to trade and click APPLY
  • EARN UP TO 75%
 

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TraderXP provides access to an international trading platform for trading digital options. Trading digital options has some risks of partial or full funds loss. This fact should be taken

into consideration by any trader who is planning to make profits by trading digital options. TraderXP advises its clients to read our terms and conditions carefully before opening positions on our platform.

Trading rates displayed on the TraderXP platform are indicative rates that the company is prepared to sell options at and may not correspond to either live market quotations or quoted rates at the point of sale.