Touch/No Touch

A barrier-style contract that settles successfully if price reaches the stated target before expiry.

Two price levels that define an upper and lower boundary for an In/Out or range contract. Check whether settlement uses only the final price or the full path before expiry.

A barrier-style contract that pays only when price does not reach the stated target during the contract period.

A broker-specific product label. Verify whether it denotes a short expiry, a barrier-based product, or another contract rule; do not infer duration from the name alone.

The exact rule that determines a winning or losing settlement, including direction, strike, barrier, range, and expiry.

A binary-platform label for a High/Low or Up/Down contract based on whether price finishes above or below a reference level. It is not the exercise right in a conventional call or put option.