Trading Binaries

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Binaries come with an assortment of expiry times, from hourly to weekly. You can also trade against price barriers (such as 'up on the day') or banded targets.

Daily Difference

Here the settlement condition relates to the closing level of the market against the previous day's close. Such as 'The market to close up on the day', or target bands such as 'The market to close between up-10 and up-20 on the day'.

Daily Difference prices are available for the following stock indices: Australia 200 cash; Wall Street; US Tech 100; US SPX500; Hong Kong HS34 futures; Japan 225 futures; Germany 30; FTSE 100; Korea 200 futures; Taiwan All-Share futures.

Daily Difference prices are also available for US Crude Oil, Gold and Silver futures, and for major currencies: AUD/USD, EUR/USD, USD/JPY, GBP/USD, USD/CHF and EUR/GBP.

Weekly Difference

Here the settlement condition relates to the closing level of the market on the last trading day of the week against the previous week's close. Weekly Difference prices are available for the FTSE 100 and Wall Street, and on the following FX pairs: GBP/USD, EUR/USD, USD/JPY, USD/CAD, AUD/USD.

Weekly FX binaries expire as of Bloomberg's first price at/after 8pm each Friday, market holidays permitting.

Intraday and Hourly Difference

With an Intraday Binary the settlement condition must be satisfied at the time specified, relative to the previous day's close. With an Hourly Difference Binary the settlement condition must be satisfied at the time specified, relative to the previous hour's official recorded level. Intraday and Hourly Difference prices are available for the FTSE 100, Wall Street and Australia 200.

With transparent trading costs, share CFDs available at the guaranteed market price, one of the lowest financing rates around, and segregated client funds, IG Markets is Singapore's number one CFD provider for customer satisfaction. IG Markets offers forex trading and CFDs on all the leading Asian and international shares in local denominations, as well as a range of stock indices, including the Singapore Blue Chip. Exclusive to IG Markets is our selection of SGD-Denominated CFDs, which eliminate currency exposure when trading foreign stock indices. We also offer a range of research and analysis resources to keep you up-to-date with the latest market news.

Remember that CFDs are a leveraged product and can result in losses that exceed your initial deposit. Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved.

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