OTC digital currency transaction template source code
currency transaction is mainly aimed at the transaction between digital currency and digital currency, in which one currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
C2C transaction
both sides of the transaction release the transaction information of buying or selling currency on the C2C transaction platform according to the demand. The buyer and the Seller shall make payment according to the reservation. When the transaction is completed offline, the platform, as an intermediary, charges a certain percentage of the handling fee from each successful transaction
OTC OTC trading
is a set of offline purchase digital currency platform independent of the exchange. Anyone can publish purchase / sale advertisements on the platform. The purchase / sale users can purchase / sell through offline transfer. After the transfer, the platform will transfer the frozen digital currency to the buyer.
Hot currency OTC is the most reliable
leverage trading is also known as virtual trading and deposit trading. That is to say, investors use their own funds as guarantee to enlarge the financing provided by banks or brokers to carry out foreign exchange transactions, that is, to enlarge the trading funds of investors. The proportion of financing is generally decided by banks or brokers. The larger the proportion of financing is, the less capital customers need to pay
the international financing multiple or leverage ratio is between 20 times and 400 times, and the standard contract in the foreign exchange market is RMB 100000 per hand (which refers to the base currency, that is, the currency before the currency pair). If the leverage ratio provided by the broker is 20 times, it will cost RMB 5000 per hand (if the currency of the transaction is different from that of the account guarantee gold coin, It is necessary to convert the amount of deposit; If the leverage ratio is 100 times, a margin of 1000 yuan is required for the transaction. The reason why banks or brokers dare to provide a larger proportion of financing is that the daily average fluctuation of the foreign exchange market is very small, only about 1%, and the foreign exchange market is continuous trading. With perfect technical means, banks or brokers can completely use less margin of investors to resist market fluctuations without having to bear their own risks. Foreign exchange guarantee metal is used for spot trading, and has some characteristics of futures trading, such as trading contract and providing financing, but its position can be held for a long time until it is voluntarily or compulsorily closed
There is no centralized trading place. Buyers and sellers are scattered all over the country. The business is mainly carried out through telephone and computer systems. The trading objects are mainly unlisted securities, and some listed securities are traded over the counter. There are more bond transactions, including all government bonds and some large corporate bonds, as well as some stocks, especially those of the financial instry and insurance companies
there are many forms of this transaction mode, and different content procts can be designed according to the different needs of each user. At the same time, in order to meet the specific requirements of customers, financial institutions selling derivatives need to have superb financial technology and risk management capabilities. Over the counter trading constantly proces financial innovation
however, since the clearing of each transaction is carried out by both sides of the transaction, the transaction participants are limited to customers with high credit. Swap transaction and forward transaction are representative derivatives of over-the-counter transaction
extended materials
in foreign countries, the participants in the OTC market are mainly securities dealers and investors. Securities firms participating in OTC trading include:
1. Member securities firms, that is, members of the stock exchange set up institutions to operate OTC trading business
Non member securities firms, or over-the-counter securities firms, are not members of the stock exchange, but have been approved to set up securities business institutions to deal in unlisted securities and bonds (3) securities underwriters are financial institutions that specialize in underwriting newly issued securities. In some countries, newly issued securities are mainly sold in the OTC market (4) securities dealers who are specialized in buying and selling government bonds, local government bonds and bonds of local public organizations, etc