Discussion of article "Principles of Exchange Pricing through the Example of Moscow Exchange's Derivatives Market" - page 3

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komposter:

It came to me. And I'm sure it has come to many others, too.

Markets have also been transformed into shops, and shops into supermarkets. It's a matter of time.

And someone (the market director) didn't need it, that's a fact. But capitalism won ;)

...

:-) probably.

First there was barter. Market - commission. Shop - cash register. Exchange - bank.

ps the market director probably needs intermediate calculations.

 
komposter:

Thanks for the question. I think I get it.

That's the real point. Clearing gives the market director time to dummy.

Clearing is done by a subsidiary of the exchange, and it's stupidly legal access to the insider.

 
Silent:

Thanks for the question. I think I get it.

That's the real point. Clearing gives the market director time to dummy.

Clearing is done by a subsidiary of the exchange, and that's stupidly legal access to the insider.

And traders, then, are cash cows.
 
komposter:
Traders, then, are cash cows.

I agree with that statement.

 

" The total number of sellers is the total number of sellers willing to sell the asset at their set limit prices.

Thetotal number of buyers is the total number of buyers willing to sell to buy the asset at their set limit prices."

 
R0MAN:

" The total number of sellers is the total number of sellers willing to sell the asset at their set limit prices.

Thetotal number of buyers is the total number of buyers willing to sell to buy the asset at their set limit prices."

Corrected.
  
•Buy Stop – Купить, когда текущая цена предложения (Ask) станет равной или дороже указанной в ордере цене. 
При этом цена в момент выставления ордера должна быть меньше цены, указанной в самом ордере.
•Sell Stop – Продать, когда текущая цена спроса (Bid) станет равной или дешевле указанной в ордере цене. 
При этом цена в момент выставления ордера должна быть больше цены, указанной в самом ордере.

That's wrong, right:

1. Buy when the price of the last trade becomes equal to or greater than the stop price.

2. Sell when the price of the last trade becomes equal or less than the stop price.

Or is this an MT5 feature?

 

You can see that there are several other sellers besides us who want to buy gold. The sellers' best price is $1279.8. Suppose that we are willing to set the best price (of the currently available on the market) and buy 17 ounces of gold at the price of $1279.9

Shouldn't it be - " It can be seen that there are several other buyers besides us willing to buy gold. The buyers' best price is $1279.8. Suppose we are willing to assign the best price (of the currently available price in the market) and buy 17 ounces of gold at $1279.9$." ?

Now anyone who wants to sell their gold on the market will first buy it from us and only then move on to the next sellers, because our offer to buy is the best.

Now anyone who wants to sell their gold on the market will first sell it to us and only then move on to the next buyers, because our offer to buy is the best.

 
Tariff for scalper deal * (Amount(buy) + Amount(sell)) + (Tariff for non-scalper deal - Tariff for scalper deal) * Module(Amount(buy)-Amount(sell))
I.e. the volume of all deals made during the trading session is summarised and then multiplied by the tariff for scalper deals.

Then the absolute difference between the total volume of all sell and buy trades is calculated (it forms the volume of netto position), this difference is also multiplied by the base tariff (because the fee for non-scalper trades is exactly twice as much as the fee for scalper trades), and then summed up with the initial amount of commission.


Formula2: Tariff for scalper deal * (Amount(buy) + Amount(sell)) + (Tariff for non-scalper deal) * Module(Amount(buy)-Amount(sell)).

Should it be according to formula #2 or I don't understand something?
 
NTFS:

Shouldn't it be - " You can see that there are several other buyers besides us looking to buy gold. The buyers' best price is $1279.8. Suppose that we are willing to assign the best price (of the price currently available in the market) and buy 17 ounces of gold at $1279.9." ?

Now anyone who wants to sell their gold on the market will first sell it to us and only then move on to the next buyers, because our offer to buy is the best.

Corrected, thank you
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