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.
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.