Obukiiko n’ebisale ku nkolagana z’ebiseera eby’omu maaso

Nga tonnatandika kusuubula futures, olina okwemanyiiza nuances zonna eziri mu ssomo lino. Omuli – okusoma obusuulu obugenda okusasulwa nga basuubula ku exchange yennyini ne HKO NCC (National Clearing Center).

Ebiseera eby’omu maaso kye ki?

Obukiiko ku biseera eby’omu maaso ku Moscow Exchange

Obukiiko bwonna nga buguliddwa busasulwa omusuubuzi, okuggyako ssente eziweebwayo mu nsawo y’omusingo – enjuyi zonna zigiwaayo ssente.

Olw’okuwa olukusa okusuubula

Waliwo ebika by’okuwaayo ebiwerako, okusinziira ku kika ky’Omwetabamu:

• “O” – obukadde bwa rubles 5 (okutuuka ku byonna ebisunsuddwa: sitooka, ssente n’ebintu);
• “F1” oba “F2” – obukadde 3 obwa rubles (okutuuka ku kulonda sitooka);
• “T1” oba “T2” – obukadde 1 obwa rubles (okutuuka ku kulonda ebintu);
• “D1” oba “D2” – obukadde 1 obwa rubles (okutuuka ku kulonda ssente).

Eri Ensawo y’Omukakafu

Ensawo eno ey’akatale k’ebintu ebivaamu ekolebwa Clearing Center ku nsimbi eziweebwayo okuva mu Abeetabye bonna abakkirizibwa okusasula. Ensimbi z‟omusingo zigendereddwamu okusasula obulabe obuva mu kulemererwa okuyinza okubaawo kw‟abeetabye mu kutendekebwa okutuukiriza obuvunaanyizibwa bwabwe.

Ensimbi ezisinga obutono eziweebwayo mu nsawo eno eya Clearing Members ze bukadde bwa rubles 10.

Ku lw’okukola endagaano z’ebiseera eby’omu maaso

Omuwendo gwa ssente mu mbeera eno gubalibwa bwe guti: FutFee = Round (Round (abs(FutPrice) * Round(W(f)/R(f);5) ;2) * BaseFutFee;2), nga:

• FutFee — ssente z’okusuubula ebiseera eby’omu maaso (mu rubles), bulijjo ≥ 0.01 rubles;
• FutPrice — omuwendo gw’ebiseera eby’omu maaso;
• W(f) — omuwendo gw’omutendera gw’omuwendo omutono ogw’ebiseera eby’omu maaso ebimaliriziddwa;
• R(f) gwe mutendera gw’omuwendo omutono ogw’ebiseera eby’omu maaso ebimaliriziddwa;
• Round – omulimu oguzingulula namba n’obutuufu obuweereddwa;
• abs – omulimu gw’okubalirira modulo (ennamba etaliiko mukono).
• BaseFutFee — omuwendo gw’omuwendo omusingi eri Ebibinja by’endagaano eziriwo bwe ziti: ssente — 0.000885%; amagoba – 0.003163%; sitooka — ebitundu 0.003795%; omuwendo – 0.001265%; eby’amaguzi – 0.002530%.

Ku lw’okukola endagaano ku musingi gwa margin

Ebisale ebiteekeddwa ku mabbali g’ebiseera eby’omu maaso bibalirirwa bwe biti: OptFee = Round (min [(FutFee * K); Round(Premium * Round(W(o)/R(o);5) ;2) * BaseFutFee] ;2), nga:

• OptFee — akakiiko k’okuwanyisiganya (mu rubles), bulijjo ≥ 0.01 rubles;
• FutFee ne Round – okufaananako n’emiwendo \u200b\u200b’akatundu akayise;
• W(o) — obunene bw’omutendera gw’omuwendo omutono ogw’ebiseera eby’omu maaso (mu rubles);
• R(o) — omutendera gw’omuwendo omutono ogw’ebiseera eby’omu maaso;
• K gwe mugerageranyo ogwenkana 2;
• Premium — obunene bw’omutemwa gw’okulonda (mu yuniti z’okupima eziragiddwa mu ndagiriro y’omuwendo gw’ebiseera eby’omu maaso);
• BaseOptFee – omuwendo gw’omuwendo gw’okukyusakyusa ogw’omusingi guli 0.06325 (okuwanyisiganya), omuwendo gw’okusasula ogw’omusingi guli 0.04675.

Ku by’obusuubuzi bw’okukuba omutwe

Commission for scalping trades on futures ebalirirwa nga ekozesa ensengekera zino wammanga:

• Ebisale = (OpFee (1) + OptFee (2)) * K → singa OptFee (1) = OptFee (2);
• Ebisale = 2 * OkulondaSsente (1) * K + (OptFee (2) – OkulondaSsente (1)) → singa OptFee (1)< OkulondaSsente (2);
• Ssente = 2 * OptFee (2) * K + (OptFee (1) – OptFee (2)) → singa Okwesalirawo (1) > OptFee (2).

Wa:

• OptFee(1) — omuwendo gwonna ogw’ebisale ku nkolagana eziviirako okuggulawo ebiseera eby’omu maaso;
• OptFee(2) — omuwendo gwonna oguvaamu okuggalawo ebiseera eby’omu maaso;
• K gwe mugerageranyo, bulijjo gwenkana 0.5.

okugogola

Kisalibwawo mu Russian rubles kinnoomu ku buli nkolagana y’okuwanyisiganya eby’akatale k’ebintu ebivaamu. Buli kimu ekikwata ku bukiiko bw’okusasula osobola okukisanga
mu kiwandiiko ekyaweebwa ekitongole kya Moscow Exchange.

Ku by’okutunda ebintu

Ebisale byawulwamu ebika 3, ku nkolagana:

• Obutakola bulungi. Zikozesebwa singa emirimu mingi gikolebwa, naye emirimu mitono egikolebwa. Enkola y’okubalirira: TranFee = 0.1 max (K – (f * l) ;0), nga:
  • k – obubonero bw’okutunda (obuggiddwa mu kipande wansi);
  • f – ssente ezisasulwa olw’ensonga y’okutunda;
  • l — obubonero bwa ddiiru (obuggiddwa mu kipande wansi).
• Okufuga Amataba mu Bukyamu. Zikozesebwa singa wabaawo emirimu mingi egy’engeri eno nga girina ensobi koodi 9999. Commission wansi wa rubles lukumi 1 buli lutuula lw’okusuubula tesasulwa. Ssente ezisinga obunene ez’olutuula lumu ziri emitwalo 45 egya rubles. Ensengekera enkulu ey’okubalirira: Sbor (l) = min (max (x, x2 / 50), 250) * 3.
• Ekoleddwa mu nsobi naye nga ya njawulo ku Flood Control. Kikozesebwa singa wabaawo emirimu mingi egy’engeri eno nga girina koodi z’ensobi 31, 332, 333, 4103, 3, 14, 50 ne 0. Enkola y’okubalirira: TranFee2 = min (Cap(max);max (2 * Σх(i);Σх ( i)2)). Ssente zitwalibwa singa TranFee2 > Cap(min). Ennyinyonnyola ku mpisa:
  • TranFee2 — omuwendo gw’akasiimo olw’emirimu egy’ensobi (mu rubles omuli VAT);
  • Cap(max), yenkana 30,000 — ekkomo erisinga obunene ku kakiiko ku nkolagana enkyamu (mu rubles);
  • Cap(min) yenkana 1,000 — okussa ekkomo ku kakiiko akatono ennyo ku nkolagana enkyamu (mu rubles);
  • х(i) gwe muwendo bulijjo ogubalirirwa kinnoomu okuva ku mugatte gw’ensonga zonna ez’ekyokubiri eky’okusatu n’ekkomo ly’okuyingira.

Emmeeza y’okuteeba obubonero ku nkolagana n’enkolagana y’ebiseera eby’omu maaso:

Amawulire agakwata ku muwendo gwa ssente zino osobola okugasanga mu lipoota z’okusasula

Enkola zonna ziweebwa n’ekigendererwa eky’okumanyiira n’okutegeera obulungi obutonde bw’obukiiko ne bisale, kirungi obutabalirira kintu kyonna ggwe kennyini.

Ku Kusaasaana kwa Kalenda

Ssente z’obusuubuzi nga zeesigamiziddwa ku biragiro ebitali bya ndagiriro zibalirirwa mu nkola eno: Fee(CS) = FutFee(CS) * (1 – K), nga:

• FutFee(CS) — akakiiko k’emirimu gy’ebiseera eby’omu maaso, akasasulwa mu rubles ku musingi gw’ebiragiro ebitannaba kukolebwako;
• Fee(CS) — omuwendo gwa ssente ezisasulwa mu rubles ku musingi gw’ebiragiro ebitaliiko ndagiriro buli lunaku lumu olw’okusuubula;
• K gwe mugerageranyo gwa beetingi, nga gwenkana 0.2.

Ssente z’okusuubula nga zeesigamiziddwa ku biragiro ebigendereddwamu zibalirirwa mu nkola eno: Fee(CS) = ΣFutFee(CS), nga ennyonyola z’emiwendo zifaanagana n’ezo ezaaliwo emabega.

Olunaku lw’okuggwaako kwa futures luliwa?

Bw’oba ​​oyagala okubeera mu kifo okumala ebbanga eddene, oluvannyuma lw’okusazibwamu okusembayo okw’ebiseera eby’omu maaso ebya June (oba oluvannyuma lw’okuggalawo ekifo ng’ebula akaseera katono olunaku lw’okuggwaako), ojja kwetaaga okugula ebiseera eby’omu maaso ebiddako, ebya September edda (ekikolebwa kino kiyitibwa okuyiringisibwa). Bw’oddamu okugula (oluvannyuma lw’olunaku lw’okuggwaako), ojja kwetaaga okuddamu okusasula akasiimo eri omuwanyisiganya n’omusuubuzi.

Ensonga lwaki omuntu alina ekifo, okugeza, eyinza okuba nga yeesiga mu kukula kwa ddoola ya Amerika.

Obulabe obuli mu katale k’ebintu ebivaamu ebintu

Ku basuubuzi abatandisi ne bamusigansimbi, akatale kano kajjudde obulabe obw’akabi. Mu katale kano, bingi ebiyinza okubaawo mu bwangu era nga tosuubira. Okugwa kwa buli lunaku mu kifo kino kuyinza okutuuka ku makumi ku buli kikumi. Ng’oggyeeko okusazaamu ekifo kyo, osobola n’okubanja okuva eri broker. Mu mbeera enzibu, okugwa kw’ekivuga ekimu oba ekirala kuyinza okutuuka ku bitundu 20-60% mu ssaawa ntono. Kino kifaananako n’okusuubula nga leverage ya 1×20 oba okusingawo.

Kyetaagisa okutegeera obulabe obuyinza okuvaamu n’obutalungamya nsimbi zonna eziriwo ku katale k’ebintu ebiva mu nsimbi.

Obukiiko bwonna ne bisale ebirina okusasulwa Moscow Exchange ne HKO NCC (National Clearing Center) birina amateeka gaabwe n’enkola z’okubalirira. Ebigambo ebimu biba bya bulijjo, ate ebirala biba bya muntu ku bubwe.