The trading system of fxtrader.org game is a simulation of the open outcry trading floor of futures exchanges. The trading system is an inhouse application developed by fxtrader.org. The followings are the details of the trading game.
- Futures contract - The game is to trade futures contracts. You can go long (or buy) as well as go short (or sell short).
- Open outcry trading floor - You are not just a price taker. You can quote two way prices (both bid and ask price) in the market of this game.
- Commission free - The game is commission free. In other words, this is a real zero sum game.
- Free margin - This is free of margin. You're not required to mark-to-market of your cash margin. The cash balance can be negative value.
- Auto price matching system - Your order will be executed automatically at real time. For example, if you want to buy 50 contracts of Nikkei at 13120, the system will look for the best asking prices for you from the price queue. Any contracts that haven't been done
because of not enough asking price in the queue. The system will place your order in the bid
queue automatically for you. For example, buying 50 contracts from the market, 40 out of 50 contracts were done. 10 outstanding contracts will be placed as an order in the market.
- Cancellation of order - Any outstanding order in the queue can be cancelled. However, all deals done can't be revoked. You'll be asked to confirm the transaction before it's
processed.
- Gain and Loss calculation - You can trade three different contracts with fxtrader.org investment game at the moment. We'll introduce more contracts in the future. The value
of each contract is calculated as follows: number of contract x contract
value per point x price. For example, Long 10 contract of NASDAQ traded at 2100. The cost is 10 x 15 x 2100=315,000.00. All contract value per point are in USD. Therefore, the gain of closing the long position at 2150 is USD7,500.00 ,(2150-2100) x 15 x 10=7,500.
- Please click here to see the top 10 players in the game.
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