Expiry Rates Rules

There always two prices for each product, each underlying asset on the world financial markets. The first relates to the price you are willing to pay (commonly known as the Bid Price). The second is the price at which someone is willing to sell (commonly known as the Ask Price).

Both of these prices are displayed on our platform below the chart of the current price of the underlying asset.

We use the following formula and the data as provided by Leverate to calculate the applicable open and close prices for currency pairs, commodities, and stocks:

open or close price=(Ask Price + Bid Price) / 2

Bid Price: The last known price for opening or closing an option, at which, according to Leverate, the underlying asset may be sold.

Ask Price: The last known price for opening or closing an option, at which, according to Leverate, the underlying asset can be bought.

Any market player cannot trade an index in a direct way, because it’s composed of several underlying assets. When opening or closing a position with an index as the underlying asset, the price is calculated based on the prices of the individual underlying assets included in the index.

eXbino has simplified how the difference between the Bid and Ask price is displayed: our platform always displays the mid price, which is calculated using the following formula:

Mid Price = (Bid Price + Ask Price) / 2

Special Case: One Touch Options

One-Touch options, with one week expiry times, can only be opened outside of the normal trading hours and on weekends, from Saturday at 13:00 (GMT+1) until Sunday at 21:00 (GMT+1).

With One-Touch-Options, prices of the underlying assets are measured each day at 17:00 (GMT+1) and compared with the target price of the corresponding One-Touch-Option. If this target price is reached, the option expires at the end of the week, and the trader receives the agreed profit. If the target price is not met, the option expires with a loss of the invested amount.

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

The formula for calculating the actual price of the One-Touch-Option on the eXbino platform is as follows:

Actual Price = (Ask Price + Bid Price) / 2