Trading binary options with us requires adequate knowledge of our terms and conditions, including our expiry rules. We refer to the most recent known rates provided by Reuters to calculate our rates. Therefore, we need you to take some time to read and understand our Banc de Swiss expiry rate rules.

We have four BDSwiss asset classes that you can trade, namely the Currency pairs, Commodities, Indices, and Stocks. Though we have a general rule when it comes to expiry rates, these rules vary per asset class.

To better understand our rules regarding Banc de Swiss expiry rates, you should first have a working knowledge of the terms used in calculating for the expiry rates. Some of the relevant terms you need to learn about include the Bid, Ask, and Last Quoted Price.

We use the term “Bid” to refer to the selling price of an asset quoted by Reuters, based on the last known price before the option’s expiration time. In contrast, when we say “Ask”, we are referring to the buying price of an asset quoted by Reuters, depending on the last known price before the option’s expiry time.

Furthermore, when we use the term “Last Quoted Price” in our Banc de Swiss expiry rates rules, we are actually referring to the last known price that was actually paid for the asset before the asset’s expiration time. The price indicated here may or may not be equal to the Bid or Ask prices.

It is crucial for you to be knowledgeable about our expiry rate rules. Therefore, we suggest that you check out our Banc de Swiss Expiry Rates Rules page to know more about these regulations and how to use them in efficiently trading binary options. In fact, we have even provided you with samples of expired rates so that you can better appreciate how our expiry rates are calculated.