![]() ![]() In addition to these windows, the platform will also send an email confirming details of the trade. Both windows will update as the order is matched. If some or all of the trade is ‘unmatched’ it will move into the Working Orders screen. If the trade is matched, it will appear in the Open positions window. Once the trade is configured as desired, traders click the ‘ Place Order‘ button. The maximum and minimum figures on the ticket represent the two outcomes if the option is left to expire without further trading. Traders can set a price slightly higher or lower than the current levels to see if their position is ‘matched’.Īs each option can be freely traded, traders can close their open trades at any time – so profits can be taken, or losses reduced. Traders can also amend the Price – this is the exchange element of trading. There are figures along the foot of the ticket that will confirm the maximum loss and maximum payout based on the size of trade entered. Traders need to select the sell or buy buttons (if not already selected) and then enter the size (or investment level). The trading ticket confirms expiry time, price level, bid size and the current bid and offer prices. Clicking bid or offer will mean the ticket opens with the ‘sell’ or ‘buy’ option pre-selected. 100 represents an outcome that did happen, (for example the asset did finish above 1878) and the make up will be zero where the settled option did not finish in the money.Ĭlicking on the asset in the market list, or either the ‘Bid’ or ‘Offer’ figures – will open a trading ticket. The make up on Nadex binary options is 0 or 100, so the exchange prices will fluctuate between the two. Each level is traded based on whether the closing price (or price at expiry) will be higher or lower than the level stated. For any given expiry period, there will be 10 or so price levels – for example, trading the S&P index offers 10 levels. This will show the potential price levels that can be traded. ![]() Once an asset and expiry have been selected, the ‘ Markets‘ window will update. ![]() Selecting the relevant market opens up the time frames available for expiry of the option (times are listed in ET). This is done via the ‘ Finder‘ window on the left of the trading platform. The first choice for traders to make is to select an asset to trade. If another party is willing to take the other side of the option, then it will be struck at that price. This means traders have the ability to buy or sell on either side of the market, but crucially, they can also set their own price. ![]()
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