Financial Betting
Financial betting with Ladbrokes is an innovative and exciting new
way to speculate on the movements of financial markets. Financial
betting offers you the ability to place a bet on whether a specific
product (e.g. UK 100 index) will finish above or below a predetermined
market level.
What is a Financial
Bet?
Ladbrokes Financial bets are fixed odds bets. They pay a fixed amount
on expiry. If your financial bet loses, your loss is limited to the
value of your stake.
Example: Daily UK 100 bet
You want to place a bet when the UK 100 level is 4200.0. The odds that
the UK 100 will be higher than this at market close are 5/6.
You bet £10 that the UK 100 will close above 4200.0.
The UK 100 closes at 4210.3 so you win £18.33 (including your
£10 stake). If the UK 100 had closed below 4200.0, you would have
only lost your £10 stake.
If the UK 100 had closed at exactly 4200.0 then your bet is deemed to be a dead heat and half your stake will pay full odds.
What
are the advantages of Financial Betting?
Financial betting has the following advantages:
- When you place a financial bet you know the
exact potential profit
you can make at the time of bet placement.
- Your potential loss is limited to the value
of your stake.
- You can choose different bet types, market
expiry times, and odd variations.
- You can make money whether markets rise or
fall.
- Tax-free profits from trading the financial
markets.
- No fees or commissions.
What types of
Financial Betting does Ladbrokes offer?
Ladbrokes offers a range of financial bets on markets
including the UK 100 Index, the US 30, FX and
commodity products. There are two different financial bet types
available which are explained below:
What is the
difference between a Moving Odds/Static Level bet and a Static
Odds/Moving Level bet?
Moving Odds/Static Level Betting
This option offers three different (static) market levels on
which you can place your bets during your chosen betting period.
There is a mid line
(starting level), a high line and a low line at which you can
place a bet. The mid line (starting level) displayed is the
actual market close price at the end of the last betting period,
with a high and low level either side of this. The high
line and low line market levels are based on a reasonable
assessment of market volatility for your chosen time period.
These high and low lines allow you to get greater value from
your betting if you think that the market level is going to
significantly rise or fall during your chosen betting period.
For each line you can take one of two views:
- The market will finish above the fixed
market level at expiry, or
- The market will finish below the fixed
market level at expiry.
During the betting period, these market levels remain fixed (except in times of exceptional market volatility).
The odds move to reflect the changing likelihood
of the outcome.
The two examples below detail an hourly betting period available
on the UK 100. Five minute, hourly and daily betting periods are
available on the UK 100 Index, the US 30 and a range of FX and commodities markets).
Example: UK 100 Moving Odds/Static Level hourly bet expiring
at 13:00
The UK 100 market level at 12:00 is 4636.1. This corresponds to
the expiry level at the end of the previous betting period.
This level forms the basis for the mid line (starting level)
betting. Based on a reasonable assessment of market volatility
for this time period, the high line and low lines are fixed
at 4645.2 and 4627.7 respectively. Therefore odds offered on
each line at the start of the betting period could be as shown
below:
Example 1:
You expect the market to rise above and beyond 4645.2 by the
close of the period at 13:00. You stake £100 at 4/1.
Two outcomes are now possible:
- At 13:00, the market finishes at a level above 4645.2,
for example 4651.2. You have won and collect returns of
£500 including your original stake of £100.
- At 13:00, the market finishes at a level below 4645.2,
for example 4634.8. Your bet has lost. .
Example 2:
You have chosen to bet on the mid line (starting level) at 12:50.
You have checked to see what the real-time level for UK 100 is
currently and find it at 4640.3 (since the real-time live level
for UK 100 has changed the odds associated with each level have
moved). You feel that this level is going to fall between now
and 13:00 and expect the expiry at 13:00 to be less than the
mid line level of 4636.1. We are now offering odds of 7/2 on
the UK 100 mid line market level finishing lower than 4636.1 as
shown in the illustration below. You decide to stake £20.
Once again, two outcomes are possible:
- At 13:00, the market finishes at a level below 4636.1,
for example 4630.2. You have won and collect winnings of
£90 including your original stake of £20.
- At 13:00, the market finishes at a level above 4636.1,
for example, 4640.2. Your bet has lost.
You may bet on either direction (up or down) on any of the
three fixed lines at any point during the betting period.
It is important to note that odds will change
with market movement and the passage of time and, that odds
may be more or less favourable at some point after the bet
has been placed.
PLEASE NOTE: Outcomes may become so certain that
they are no longer available to bet on.
Static Odds/Moving Level Betting
This option offers four different (moving) market levels on
which you can place your bets during your chosen betting period.
In this market there is a mid
line (current level), a high line, a low line and mid
line market spread. The mid line is the current market level
for UK 100. The high and low levels either side of the mid line
give you the opportunity to get greater value from your betting
if you think that the market level is going to significantly
rise or fall during your chosen betting period. The distance
of the high line and low line compared to the mid line (current
level) depends on two factors:
- The odds associated with each line, and
- The time left to expiry of that particular market.
You may take one of two views on each line:
- The market will finish above the current market level
at expiry, or
- The market will finish below the current market level
at expiry.
The mid line market spread offers odds of evens (1/1) on two
market levels based around the current level for UK 100. Looking
at the diagram below to illustrate this, it can be seen that
the mid line level is 4636.3. The mid line market spread levels
are 4633.3 and 4639.3. The mid line spread offers better odds
than the standard mid line market because the actual UK 100 price
has to experience greater change in order for your bet to win.
Whether you are betting on the mid, high or low line, or the
mid line market spread, the odds associated with each line remain
fixed. The resulting movement in the market levels across the
various lines reflects the changing likelihood of the outcome.
Follow the diagram and example below to illustrate this bet
type.
Example: Static Odds/Moving Level daily bet for UK 100
expiring at 16:30
Daily betting on the UK 100 begins at 08:10. In this market odds
remain fixed for all lines for the duration of the bet. The
passage of time and movement of the underlying market determines
the level of the lines.
You expect the market level to finish below the low line (4614.9)
at the close of the period at 16:36. You decide to stake £10
on the low line that the market level will finish lower than
4614.9 with odds of 5/1.
Two outcomes are now possible:
- At 16:36, the market finishes below 4614.9, for example
4601.9. You have won and collect winnings of £60 including
your original stake of £10.
- At 16:36, the market finishes above 4614.9, for example
4631.8. Your bet has lost.
It is important to note that the levels will change
with market movement and over the passage of time. Levels may
be more or less favourable at some point after the bet has been
placed. As the end of the betting period is reached, the lines
will naturally converge. The same odds are always offered, so
to reflect the changing likelihood of outcomes, the lines will
move towards a central value.
The fixed odds for this bet type are as follows:
Above or below the current level (mid line – real-time live
level) 5/6
Above the high and below the low line 5/1
Below the high and above the low line 1/20
Above or below the mid line spread Evens (1/1)
How are the
market Levels calculated?
All markets on Ladbrokes Financial Fixed Odds feature live streaming
index levels and odds updates. The marketindex levels and odds
available are real-time and are derived as detailed in the table
below: The settlement of each product is also detailed
| UK 100 |
| Derivation of Price |
Blended futures
derived cash price from the nearest quarterly futures
contract.
Derived price = Nearest quarterly + Fair Value
|
| Markets Offered |
2 minute moving odds
2 minute static odds
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
2 minute products expire every 2 minutes from the start of the initial trading period, i.e. 0820, 0825, and can be traded up until 15 seconds before expiry.
5 minute products expire every 5 minutes
from the start of the initial trading period, i.e. 0835,
0840, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 1630hrs, with the last trading
time being two minutes before expiry.
|
| Settlement Time |
2 minute, 5 minute and hourly bets will be settled
no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price
is released.
|
| Settlement Basis |
First print by Reuters after the product
has expired. The daily bets will be settled against the
official index closing auction price. |
| Trading Hours |
2 minute products open at 0820hrs and the last trading time is 1626hrs
5 minute products open at 0815hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time
is 1558hrs.
Daily products open at 0810hrs and the last trading time
is 1628hrs.
|
| US 30 |
| Derivation of Price |
Blended futures
derived cash price from the nearest quarterly futures
contract.
Derived price = Nearest quarterly + Fair Value |
| Markets Offered |
2 minute moving odds
2 minute static odds
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
2 minute products expire every 2 minutes from the start of the initial trading period, i.e. 1450, 1455, and can be traded up until 15 seconds before expiry.
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 1455, 1500, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading time being two minutes before expiry.
|
| Settlement Time |
2 minute, 5 minute and hourly bets will be settled
no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price
is released.
|
| Settlement Basis |
First print by Reuters after the product has expired. If the print is exactly on the minute or hour at the end of the market this print will be used for settlement. The daily bets will be settled against the official index closing auction price. |
| Trading Hours |
2 minute products open at 1450hrs and the last trading time is 2056hrs
5 minute products open at 1450hrs and the last trading time is 2059hrs
Hourly products open at 1445hrs and the last trading time is 2058hrs.
Daily products open at 1445hrs and the last trading time is 2058hrs |
| Germany 30 Index |
| Derivation of Price |
Blended futures derived cash price from the
nearest quarterly futures contract.
Derived price = Nearest quarterly + Fair Value |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0815, 0820, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time
being one minute before expiry.
Daily products expire at 1630hrs, with the last trading time
being two minutes before expiry.
|
| Settlement Time |
5 minute and hourly bets will be settled no later than 15
seconds after the stated expiry time.
Daily bets settle when the official auction closing price is
released.
|
| Settlement Basis |
First print by Reuters after the product has expired. The
daily bets will be settled against the official index closing
auction price. |
| Trading Hours |
5 minute products open at 0810hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time is
1558hrs.
Daily products open at 0810hrs and the last trading time is 1628hrs.
|
| US 500 Index |
| Derivation of Price |
Blended futures derived cash price from the nearest quarterly futures contract.
Derived price = Nearest quarterly + Fair Value. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 1455, 1500, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading time being one minute before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no later than 15 seconds after the stated expiry time. |
| Settlement Basis |
First print by Reuters after the product has expired. If the print is exactly on the minute or hour at the end of the market this print will be used for settlement. The daily bets will be settled against the official index closing auction price. |
| Trading Hours |
5 minute products open at 1450hrs and the last trading time is 2054hrs
Hourly products open at 1500hrs and the last trading time is 2058hrs.
Daily products open at 1445hrs and the last trading time is 2058hrs. |
| France 40 |
| Derivation of Price |
Blended futures
derived cash price from the nearest liquid month
contract.
Derived price = nearest liquid month + Fair Value
|
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes
from the start of the initial trading period, i.e. 0835,
0840, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 1630hrs, with the last trading
time being two minutes before expiry.
|
| Settlement Time |
5 minute and hourly bets will be settled
no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price
is released.
|
| Settlement Basis |
First print by Reuters after the product
has expired. The daily bets will be settled against the
official index closing auction price. |
| Trading Hours |
5 minute products open at 0810hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time
is 1558hrs.
Daily products open at 0810hrs and the last trading time
is 1628hrs.
|
| European 50 |
| Derivation of Price |
Blended futures
derived cash price from the nearest quarterly futures
contract.
Derived price = Nearest quarterly + Fair Value
|
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes
from the start of the initial trading period, i.e. 0835,
0840, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 1630hrs, with the last trading
time being two minutes before expiry.
|
| Settlement Time |
5 minute and hourly bets will be settled
no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price
is released.
|
| Settlement Basis |
First print by Reuters after the product
has expired. The daily bets will be settled against the
official index closing auction price. |
| Trading Hours |
5 minute products open at 0810hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time
is 1558hrs.
Daily products open at 0810hrs and the last trading time
is 1628hrs.
|
| Greece 20 |
| Derivation of Price |
Blended futures derived cash price from the nearest quarterly futures contract..
Derived price = Nearest quarterly + Fair Value. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0845, 0850, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1500hrs, with the last trading time being two minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price is released. |
| Settlement Basis |
First print by Reuters after the product has expired. The daily bets will be settled against the official index closing auction price. |
| Trading Hours |
5 minute products open at 0845hrs and the last trading time is 1459hrs
Hourly products open at 0900hrs and the last trading time is 1458hrs.
Daily products open at 0840hrs and the last trading time is 1458hrs.
|
| Austria 20 |
| Derivation of Price |
Synthetic cash price derived from index constituents and relevant dividend deductions.
Derived price = synthetic cash + dividend deduction. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0815, 0820, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1630hrs, with the last trading time being two minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price is released. |
| Settlement Basis |
First print by Reuters after the product has expired. The daily bets will be settled against the official index closing auction price. |
| Trading Hours |
5 minute products open at 0815hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time is 1558hrs.
Daily products open at 0810hrs and the last trading time is 1628hrs.
|
| Spain 35 |
| Derivation of Price |
Blended futures derived cash price from the nearest quarterly futures contract..
Derived price = Nearest quarterly + Fair Value. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0815, 0820, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1630hrs, with the last trading time being two minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later than 15 seconds after the stated expiry time.
Daily bets settle when the official auction closing price is released. |
| Settlement Basis |
First print by Reuters after the product has expired. The daily bets will be settled against the official index closing auction price. |
| Trading Hours |
5 minute products open at 0815hrs and the last trading time is 1624hrs
Hourly products open at 0900hrs and the last trading time is 1558hrs.
Daily products open at 0810hrs and the last trading time is 1628hrs.
|
| HK Index |
| Derivation of Price |
Blended futures derived cash price from the nearest liquid futures contract.
Derived price = Liquid Futures Contract + Fair Value. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0215, 0220, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 0800hrs, with the last trading time being 2 minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Daily bets settle when the official closing price is released. First print by Reuters after the product has expired. If the print is exactly on the minute or hour at the end of the market this print will be used for settlement. The daily bets will be settled against the official index closing price. |
| Trading Hours |
5 minute products open at 0215hrs and the last trading time is 0755hrs
Hourly products open at 0210hrs and the last trading time is 0758hrs.
Daily products open at 0210hrs and the last trading time is 0758hrs.
Note: There is a break in trading between the hours of 0435hrs and 0630hrs.
|
| India 30 |
| Derivation of Price |
Blended futures derived cash price from the nearest liquid futures contract.
Derived price = Liquid Futures Contract + Fair Value. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 0440, 0445, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1000hrs, with the last trading time being 30 minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Daily bets settle when the official closing price is released. First print by Reuters after the product has expired. If the print is exactly on the minute or hour at the end of the market this print will be used for settlement. The daily bets will be settled against the official index closing price. |
| Trading Hours |
5 minute products open at 0440hrs and the last trading time is 0955hrs
Hourly products open at 0500hrs and the last trading time is 0858hrs.
Daily products open at 0440hrs and the last trading time is 0930hrs.
|
| Sterling/Dollar
Currency (£/$) |
| Derivation of Price |
The spot FX price is an BGC
composite 5 decimal place price derived from rates provided
by several banks. |
| Markets Offered |
2 minute moving odds
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
2 minute products expire every 2 minutes from the start of the initial trading period, i.e. 0802, 0804, and can be traded up until 15 seconds before expiry.
5 minute products expire every 5 minutes
from the start of the initial trading period, i.e. 0805,
0810, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
2 minute, 5 minute, hourly and daily bets will be
settled no later than 15 seconds after the stated expiry
time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
2 minute products open at 0800hrs and the last trading time is 20.59.45hrs
5 minute products open at 0800hrs and
the last trading time is 20.59.30hrs
Hourly products open at 0800hrs and the last trading time
is 2059hrs.
Daily products open at 0800hrs and the last trading time
is 2059hrs. |
| Euro/Dollar
Currency (E/$) |
| Derivation of Price |
The spot FX price is an BGC composite 5
decimal place price derived from rates provided by several banks.
|
| Markets Offered |
2 minute moving odds
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
2 minute products expire every 2 minutes from the start of the initial trading period, i.e. 0802, 0804, and can be traded up until 15 seconds before expiry.
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0205, 0210,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
2 minute, 5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
2 minute products open at 0800hrs and the last trading
time is 20.59.45hrs
5 minute products open at 0200hrs and the last trading
time is 20.59.30hrs
Hourly products open at 0200hrs and the last trading time
is 2059hrs.
Daily products open at 0200hrs and the last trading time
is 2059hrs. |
| Dollar/Yen
Currency ($/¥) |
| Derivation of Price |
The spot FX price is an BGC composite 3 decimal place price derived from rates provided by several banks |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0205, 0210,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
5 minute products open at 0200hrs and the last trading
time is 20.59.00hrs
Hourly products open at 0200hrs and the last trading time
is 2059hrs.
Daily products open at 0200hrs and the last trading time
is 2059hrs. |
| Dollar/Swiss Franc Currency ($/CHF) |
| Derivation of Price |
The spot FX price is an BGC composite 5 decimal place price derived from rates provided by several banks |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0805, 0810,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
5 minute products open at 0800hrs and the last trading
time is 20.59.00hrs
Hourly products open at 0800hrs and the last trading time
is 2059hrs.
Daily products open at 0800hrs and the last trading time
is 2059hrs. |
| Euro/Sterling Currency (€/£) |
| Derivation of Price |
The spot FX price is an BGC composite 5 decimal place price derived from rates provided by several banks |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0805, 0810,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
5 minute products open at 0800hrs and the last trading
time is 20.59.00hrs
Hourly products open at 0800hrs and the last trading time
is 2059hrs.
Daily products open at 0800hrs and the last trading time
is 2059hrs. |
| Euro/Yen Currency (€/¥) |
| Derivation of Price |
The spot FX price is an BGC composite 3 decimal place price derived from rates provided by several banks |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0205, 0210,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
5 minute products open at 0200hrs and the last trading
time is 20.59.00hrs
Hourly products open at 0200hrs and the last trading time
is 2059hrs.
Daily products open at 0200hrs and the last trading time
is 2059hrs. |
| Australian Dollar/ US Dollar Currency (A$/$) |
| Derivation of Price |
The spot FX price is an BGC composite 5 decimal place price derived from rates provided by several banks |
| Markets Offered |
2 minute moving odds
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 0205, 0210,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 2100hrs, with the last trading
time being one minute before expiry. |
| Settlement Time |
2 minute, 5 minute, hourly and daily bets will be settled no
later than 15 seconds after the stated expiry time. |
| Settlement Basis |
Print of BGC composite price at the settlement time. |
| Trading Hours |
2 minute products open at 0800hrs and the last trading
time is16.59.450hrs
5 minute products open at 0200hrs and the last trading
time is 20.59.30hrs
Hourly products open at 0200hrs and the last trading time
is 2059hrs.
Daily products open at 0200hrs and the last trading time
is 2059hrs. |
| IPE Brent
Crude Oil (as traded on the Intercontinental Exchange – ICE) |
| Derivation of Price |
Futures price for most liquid month (as displayed on the trading interface) for the IPE Brent Crude Oil futures as traded on ICE Exchange. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 1200, 1205,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 1930hrs, with the last trading
time being 2 minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later
than 15 seconds after the stated expiry time.
Daily bets settle when the official closing price is released as shown by the Exchange for the IPE Brent Crude Oil futures. |
| Settlement Basis |
The settlement for the hourly and 5 minute products will be the price of the IPE Brent futures contract at the settlement time. The daily bets will be settled against the official closing price for the IPE Brent futures contract at 1930hrs, as shown by the exchange. |
| Trading Hours |
5 minute products open at 1200hrs and the last trading
time is 1924hrs
Hourly products open at 1100hrs and the last trading time
is 1859hrs.
Daily products open at 1200hrs and the last trading time
is 1928hrs. |
| Nymex Crude Oil – West
Texas Intermediate (WTI) – Traded on the Nymex (New York
Mercantile) Exchange |
| Derivation of Price |
Futures price for most liquid month (as displayed on the trading interface) for the Nymex Crude Oil E-mini futures. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the
start of the initial trading period, i.e. 1505, 1510,
and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading
time being one minute before expiry.
Daily products expire at 1930hrs, with the last trading
time being 2 minutes before expiry. |
| Settlement Time |
5 minute and hourly bets will be settled no later
than 15 seconds after the stated expiry time.
Daily bets settle when the official closing price is released
at approximately1930hrs as shown by the exchange for the Nymex E-mini futures. |
| Settlement Basis |
The settlement for the hourly and 5 minute products will be the price of the E-mini Nymex contract at the settlement time. The daily bets will be settled against the official closing price for the Nymex E-mini futures at 1930hrs, as shown by the exchange. |
| Trading Hours |
5 minute products open at 1500hrs and the last trading
time is 1924hrs
Hourly products open at 1500hrs and the last trading time
is 1858hrs.
Daily products open at 1500hrs and the last trading time
is 1928hrs. |
| Gold (as traded on the Chicago Mercantile Exchange - CME) |
| Derivation of Price |
Futures price for most liquid month (as displayed on the trading interface) for the CME Gold 100 ounce futures as traded on the Chicago Mercantile Exchange. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 1320, 1325, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1830hrs, with the last trading time being 2 minutes before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no later than 15 seconds after the stated expiry time. |
| Settlement Basis |
The settlement for the daily, hourly and 5 minute products will be the price of the CME Gold 100 ounce futures contract at the settlement time. |
| Trading Hours |
5 minute products open at 1320hrs and the last trading time is 1824hrs
Hourly products open at 1320hrs and the last trading time is 1759hrs.
Daily products open at 1320hrs and the last trading time is 1828hrs. |
| Silver (as traded on the Chicago Mercantile Exchange - CME) |
| Derivation of Price |
Futures price for most liquid month (as displayed on the trading interface) for the CME Silver 5000 ounce futures as traded on the Chicago Mercantile Exchange. |
| Markets Offered |
5 minute moving odds
5 minute static odds
Hourly moving odds
Hourly static odds
Daily moving odds
Daily static odds
|
| Expiry Time |
5 minute products expire every 5 minutes from the start of the initial trading period, i.e. 1325, 1330, and can be traded up until 30 seconds before expiry.
Hourly products expire on the hour, with the last trading time being one minute before expiry.
Daily products expire at 1825hrs, with the last trading time being 2 minutes before expiry. |
| Settlement Time |
5 minute, hourly and daily bets will be settled no later than 15 seconds after the stated expiry time. |
| Settlement Basis |
The settlement for the daily, hourly and 5 minute products will be the price of the CME Silver 5000 ounce futures contract at the settlement time. |
| Trading Hours |
5 minute products open at 1325hrs and the last trading time is 1824hrs
Hourly products open at 1325hrs and the last trading time is 1759hrs.
Daily products open at 1325hrs and the last trading time is 1823hrs. |
Bets will be settled as quickly as possible after the market
has finished. This will depend on the number of bets that are
awaiting settlement and will, on average never take longer than
a minute.
All settled bets will show immediately on your account and the
five most recent settle levels of the mid line markets will
be shown at the bottom of the application.
|