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GlossaryPricing & settlement

Contract face value

The maximum fixed amount an exchange-style binary or event contract pays at successful settlement.

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Do not confuse

Common comparison error

The highest Contract face value on one asset does not describe the schedule across expiries, strikes, sessions, account modes, or Fixed cash payout.

Practical use

How to verify Contract face value

Read Contract face value together with Contract multiplier, Fixed cash payout, Automatic exercise. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

A 100-unit Contract face value credits 180 on a win and zero on a loss. The record labels 80 net profit, 180 gross return, and the relationship to Contract multiplier. A reviewer labels the case Contract face value only after showing that the successful exchange-style contract pays its stated maximum amount regardless of purchase price.

Evidence path

Where to verify Contract face value

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Order ticket and contract historyPreserve the displayed quote source, entry value, strike or barrier, cutoff, final value, timestamp, and correction status.
CFTC customer protection materialUse regulator material to separate a displayed return from probability, authorization, and account safety.Open source