"FTSE Up/Down 20min" Markets
- Bets will be settled depending on whether or not the FTSE100 finishes "Up", stays the same or finishes "Down" for the relevant period. The market will be settled based on the price change of the FTSE100.
- The price change will be measured using the first price stamp of the period, and then the first price stamp of the close time of the period, with all price stamps being taken from Bloomberg. For periods ending at the close of the day's trading, the official closing price will be used and not the first price stamp of the period close time.
"Interest Rate'' - MPC Markets
- Bets will be settled depending on the value of the UK Base Rate (the "Rate") after the next scheduled Bank of England (MPC) meeting.
- If a Rate change is announced before the scheduled meeting and the scheduled meeting goes ahead, Betfair will settle this market on what the Rate is immediately after the scheduled meeting.
- If a Rate change is announced before the scheduled meeting and the scheduled meeting is cancelled (or does not take place at the scheduled time and date), Betfair will void all bets that are matched after the time of the Rate change announcement and will settle this market on the newly announced Rate.
- If the Rate percentage announced is in any increment other than the standard (i.e. x.00, x.25, x.50 or x.75), Betfair will void this market (for example, 4.33% will result in the market being void).