General Information

All charges are determined by the most recent rates provided by Reuters. TraderWorld provides an assortment of asset divisions for its clients: commodities, currencies, stocks and principle indices. Should you like to trade an asset that you cannot find on our platform, please call us or obtain email support via Analyst@TraderWorld.com and we will aim to include that desired asset to our trading Index. Specified below are the expiry rules relevant to all assets according to the asset grade:

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 determine the expiration rate :

Bid - The most recent price proceeding the options expiration time, for trading an asset recited by Reuters.
Ask - The concluding value before the options expiration time, for purchasing an asset quoted by Reuters.
Last Quoted Price - The final price subsequent to the options expiration time that was in fact paid for the asset. (This price may be the same or similar to the bid or the ask prices).

Indices like the FTSE or Dow Jones are determined by the last traded value of all the stocks recorded in the index so consequently, Reuters conceives a last price for the index. A market contributor can only purchase the stocks or Exchange Traded Funds (ETF) they cannot buy the actual index .

Currencies and stocks have estimates of Bid and Ask. For example, with Google and Citigroup stocks there is a price for purchasing the asset as well as a price for trading the asset and so, TraderWorld evaluates the termination price as the mid-price -these amounts to (Bid + Ask)/2.

For more knowledge concerning every individual asset exchanged on the TraderWorld platform together with expiry rules read the Asset Index.

One Touch Options – General terms

1.    The weekly One Touch option can only be acquired on weekends. One Touch options selling time frame commences on Saturdays at 12AM GMT and ends on Sundays at 20:00pm GMT for every One Touch Options finishes at the culmination of the approaching week.

2.    One touch has two termination stipulations – above or below.

3.    A A One Touch option is centered on a daily sample percentage. If this daily sample amount is attained the One Touch expires “in or at the money” and the financier is eligible to a pay-out of the total price of that binary option upon the week’s completion. If, during that week, the sample amount is not achieved the investor will lose their original outlay.

4.    The One Touch terms and conditions are an accompanying appendix to TraderWorld’s present terms and conditions as transcribed on our website and do not diminish or substitute them in any way at all.


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 viewed in "Expiry rates”.

If you would like more details on TraderWorld’s termination rate guidelines please refer to our Expiry Rate Rules