The prices of our products are generated electronically by the platform and are based on the market prices of the relevant underlying products. Where the underlying product is predominantly traded on an exchange we source these market prices from industry-leading data vendors, and where the product is predominantly traded over the counter (OTC), for example FX, we source price data directly from our liquidity providers.
Our automated pricing engine collates and checks thousands of prices per second from these data sources, discarding any prices determined as erroneous, such as a crossed price. It is from this cleansed data that our prices are derived.
Please note that the process by which prices are generated by our platform for digital 100s (for professional clients only) and Countdowns (for professional clients only) is different to the process by which prices are generated for CFDs and spread bets, due to the different nature of those products. You can learn more from the pages below.
For more information on how instruments are priced, please select one of the links below. For information on the process by which our platform executes your orders, please read our Order Execution Policy Summary.