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Glossary

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BID

the price at which the investor makes a sale transaction. For example: in the currency pair quote EUR/PLN 1.3650/1.3652, the first price (1.3652) is the selling price.

Binary options

These are also referred to as digital options and are one of the fastest-growing financial instruments in the world. They make it possible to invest in currencies, commodities, stocks, and stock market indices. Conducting transactions in binary options involves determining an option’s rise or fall and defining the investment’s timeframe.

Break Even Point (BEP)

The price of the option that enables the buyer to recover the premium and to achieve the financial result of 0 (no profit, no loss). In the case of a call option, BEP is the strike price plus premium.

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