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GlossaryProducts & contracts

Contract family

A group of option types that share a settlement structure, such as up/down, touch/no-touch, or in/out.

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Do not confuse

Common comparison error

Two platforms using Contract family need not share contract family, source, equality, refund, or Exotic option.

Practical use

How to verify Contract family

Read Contract family together with Contract condition, Exotic option, In/Out Ends. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

Under Contract family, the reference crosses a target at 14:02 then ends below at 14:05. The accepted path rule, not the Contract condition screenshot, decides. The evidence must resolve the defining Contract family boundary: up-down, touch-no-touch, and in-out group contracts by payoff logic rather than marketing name.

Evidence path

Where to verify Contract family

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

Broker contract specificationConfirm the outcome condition, strike or barrier, observation window, expiry, payout, tie rule, and settlement record for the exact product.
CFTC binary options resourcesReview product-risk and fraud explanations published by the U.S. derivatives regulator.Open source