Virtual currency foreign exchange arbitrage
in the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, etc., which can be used to buy Herbs and equipment, but only in his own game console; The special currency issued by the portal website or instant messaging service provider is used to purchase the services within the website
there are four types of virtual currency in the market:
1. Game currency developed by game operators for players to use as a trading medium in online games
2. A special virtual currency issued by the portal or instant messaging tools for use in the operating cyberspace
3. Interactive virtual currency, which can be used in the issuing entity of virtual currency and can purchase goods and services from non issuing entities
4. Based on cryptography and modern network P2P technology, a special electronic and digital network cryptocurrency is proced through complex mathematical algorithm
the instrialization of virtual money will form a virtual money market. If the emergence of the stock market is the proct of the combination of instrial capital and financial capital, then virtual currency will be the proct of the combination of service capital and financial capital. Modern service instry, especially personalized modern information service instry, will become the instrial foundation of personalized virtual currency
the personalized virtual money market is different from the stock market and derivative financial instrument market. The latter is more established for the needs of instrialization, which is also reflected in meeting the needs of the so-called modern service instry; The instrial foundation of the former is closely related to the demand of informatization
The future of the tertiary instry is different from the service instry, its development direction is the post-modern service instry, that is, the experience instry, that is, more personalized instry to meet the development needs of spirit, culture and entertainment. The stock market will make more use of information to guide the rational investment of instry and service instry, while the personalized virtual money market will make more use of information to guide the perceptual consumption of experience instryfirst of all, make sure that the IP used by the computer is the public IP, so that any computer connected to the Internet can access the computer through this IP. Of course, most of the people at home and abroad use PPPoE to dial the Internet. They need to use a series of IP binding tools, such as peanut shell, to bind the IP after each dial, so as to achieve the purpose of real-time analysis. However, the bandwidth of most working families is between 2M and 8m, which is only suitable for 30 or 40 people to be online at the same time. If the number of visitors increases, it will lead to network congestion and unable to access
the second problem is continuous operation. The structure of the server is slightly different from that of the host computer. Because the server attaches great importance to stability, even the sound card is turned off by default, and the heat dissipation equipment is also "advanced". You can know from its "helicopter like roar", and the operating environment is also very luxurious, with 24-hour air conditioning, st-free, fire-proof, shockproof and so on. It also supports hot swap. The motherboard has more than 6 layers of PCB, and the power supply is rendant. It can be replaced without shutting down. The memory also has heat sink. However, the commonly used working home computer host does not have these conditions, and the configuration is not good, long-time work, it is likely to lead to high CPU temperature, running full, system failure
it is best to use professional testing software, such as passmark, 3dmark, etc
Speculation in foreign exchange generally refers to foreign exchange margin trading and firm offer trading. That is, investors conct foreign exchange transactions with the services provided by banks or brokers
At present, there are two main channels for domestic investors to invest in foreign exchange, one is through the foreign exchange firm offer opened by domestic banks, the other is through foreign dealers (domestic agencies) to directly open accounts abroad for foreign exchange margin business. The biggest difference between foreign exchange margin trading and foreign exchange firm offer trading is that foreign exchange margin trading takes the form of margin, and uses leverage principle to make small and broad. This paper focuses on whether the residents log on to the foreign dealer platform through personal login or network agent platform to conct foreign exchange margin trading constitutes the crime of illegal operation of illegal foreign exchange trading or related illegal actsdoes speculation in foreign exchange by domestic residents constitute a crime of illegal foreign exchange trading? Before that, some people thought that trading foreign exchange in China must be carried out in designated banks or relevant institutions, and speculation in foreign exchange is obviously a kind of speculation through trading foreign exchange, reselling foreign exchange, and it is a typical reselling for profit, so this kind of behavior constitutes illegal foreign exchange trading outside the prescribed place, As long as the amount of business exceeds 200000 US dollars or the profit exceeds 50000 RMB, it constitutes the crime of illegal business operation
the most famous case is that Huang Guangyu was convicted of insider trading and illegal business operation. The court found that in order to repay his gambling debts in Macao, Huang Guangyu paid Macao's casinos in RMB exchange for Hong Kong dollars through underground banks, and the amount exceeded 100 million yuan. The court held that this kind of behavior belonged to trading foreign exchange outside the designated place, so it constituted the crime of illegal business operation
However, first of all, the object of the crime of illegal foreign exchange trading is China's foreign exchange management system. The reason why the judicial authorities of our country regard Huang Guangyu's behavior as the crime of illegal business operation is that this kind of behavior of purchasing foreign exchange through underground banks infringes the existing foreign exchange management system of our country, and belongs to the typical realization of illegal OTC Foreign Exchange
in the past decade, the trading volume of international foreign exchange market has increased rapidly, and the daily trading volume is as high as US $6 trillion. One important reason that can not be ignored is arbitrage trading arbitrage trading uses a large number of trading models to create arbitrage space through algorithmic trading, which also makes it more difficult for ordinary investors to carry out foreign exchange operations. However, if we can understand some basic thinking of arbitrage trading, it will also be of great help to foreign exchange investment
How to use arbitrage in leveraged foreign exchangearbitrage trading strategy is very effective in leveraged trading. Generally speaking, under the 1:100 leverage (most ECN foreign exchange brokers provide this leverage), arbitrage trading strategy will earn 200% income from the 2% interest margin in one year
but it should not be ignored that arbitrage trading strategy still has many shortcomings< this strategy is mainly applicable to market stability, and there are no preconditions for significant changes in interest rates the fact is that if the price of high-yield currency falls, the foreign exchange loss of swap will exceed the profit. Moreover, even if overall economic sentiment is positive, there is no guarantee that the situation in the issuing countries will be concive to growth. In addition, the arbitrage trading strategy is not suitable for scalping traders and intraday traders, and the most suitable one is band traders
it is most noteworthy that the mode of "converting RMB into US dollars and then into Japanese yen" is very difficult for retail traders e to the rapid change of transaction cost and price spread. But don't be discouraged, you can make profits in another way - arbitrage in this case, you just need to find the right foreign exchange dealer
the so-called "position interest" refers to the overnight interest generated by buying and selling currency at the settlement time. take AUDUSD (Australian dollar / US dollar), which is usually used by ordinary traders for position interest arbitrage, as an example. On a dealer platform, the overnight position interest of buying a hand of AUDUSD is + 6.4 US dollars, that is, the dealer pays you 6.4 US dollars; The overnight interest rate for selling a hand of AUDUSD is - 8.8 US dollars, that is, you pay the dealer 8.8 US dollars. The standard contract for foreign exchange trading is a 100000 base currency, such as AUDUSD. That's right. The currency in front of us is AUD, and the Australian dollar is the base currency
if you want to carry interest, you need to find dealers who meet the following conditions:
1. Spread as low as possible: the so-called "spread" is "the difference between the buying price and the selling price", which is your transaction cost. The figure below shows AUDUSD. AUDUSD purchase price is 0.933-selling price is 0.93918 = 0.00015. This is a five digit quotation, that is, a trader with five decimal places. We call the spread 15 points. There are also four traders who quote, so it can be said that the spread is 1.5 points
The point difference ofAUDUSD is 15 points, which is very low. Generally, the point difference of AUDUSD is about 20 points. Another thing to note is that the spread is usually divided into fixed spread and floating spread. Fixed spread means that the spread value is fixed, while floating spread means that the spread value changes in a region. It is recommended to select a dealer account with fixed spread
2. Leverage as high as possible: the so-called leverage is the magnification of capital. Traders provide leverage ranging from 100 to 1000 times. If you don't use leverage, you need a $100000 (usually converted into US dollars) for a first-hand AUDUSD contract. If you use 100 times leverage, you only need a $1000 margin; If you use 300 times leverage, you only need a $333 margin
note: as long as we don't abuse leverage and use a large proportion of leverage to build as many positions as we can, then the size of leverage has little to do with risk
Compulsory position closing rate should be as low as possible:the so-called compulsory position closing rate is that a margin rate is lower than the minimum value. If it is lower than the minimum value, the position contract is the same as not closing the position because of insufficient margin. The common compulsory closing rates are 100% and 20%. Of course, there are 80%, 30% and 0%, depending on the dealers
4. Convenient fund transfer: this not only affects the profit margin, but also affects the fund security
5. The difference of gold exchange between the platform's in and out is low: this also affects the profit margin
platforms. You can just choose any network, not the specific name of the platform