Ka-qaybgalayaasha ganacsiga ee kala-soocida waxay bixiyaan khidmad komishanka heshiisyada ay soo gabagabeeyaan. Baaxadda guddiyadani way kala duwan yihiin iyadoo ku xidhan tacriifadda uu doortay ka qaybqaataha. Waxaan uga hadli doonaa iyaga maqaalka, iyo sidoo kale dhammaan khidmadahaas (guddiyada) ee aad u baahan tahay inaad bixiso.
Qiimaha ugu muhiimsan ee sarrifka Moscow
Jadwalku wuxuu muujinayaa sicirka hadda ee Sarrifka Moosko (VAT lama dalacay):
| Magaca | Ururinta sarifka lafteeda | Ururinta HKO NCC (Xarunta Nadiifinta Qaranka) | Wadarta guddiga |
| Tacriifada No. 1 | |||
| Qayb go’an (rubles) | – | – | – |
| dib | 0.00575% | 0.00425% | 0.01% |
| Tacriifada №2 | |||
| Qayb go’an (rubles) | 14.38 kun | 10.63 kun | 25 kun |
| dib | 0.0053475% | 0.0039525% | 0.0093% |
| Tacriifada No. 3 | |||
| Qayb go’an (rubles) | 143.75 kun | 106.25 kun | 250 kun |
| dib | 0.0050025% | 0.0036975% | 0.0087% |
| Tacriifada No. 4 | |||
| Qayb go’an (rubles) | 258.75 kun | 191.25 kun | 450 kun |
| dib | 0.0047725% | 0.0035275% | 0.0083% |
| Tacriifada No. 5 | |||
| Qayb go’an (rubles) | 460 kun | 340 kun | 800 kun |
| dib | 0.0046% | 0.0034% | 0.0080% |
Qayb joogto ah (aan isbeddelayn) – oo la bixiyo maalinta ugu horreysa ee ganacsiga (muddada waqtiga maalinta marka sarrifka uu sameeyo ganacsi) bil kasta, iyada oo aan loo eegin haddii uu jiro codsi (dalabka) ama gabagabada / dhammaystirka macaamilada ama haddii kale.
Qaybta dambe waxaa laga bixiyaa qadarka macaamilka maalinta macaamilka, komishan kasta waa ugu yaraan 0.01 rubles.
Isbeddelka tarifku wuxuu ku salaysan yahay codsiga ka qaybqaataha ee doorashada qorshaha ganacsiga sarrifka ah. Codsiga waa in loo gudbiyaa HKO NCC Bank 5 maalmood oo shaqo gudahood ka hor bilowga bisha soo socota (tarifka la doortay ayaa ka shaqayn doona).
Kharashka gelitaanka ka qaybgalka xaraashka
Qadarka tabaruca, iyadoo ku xidhan qaybta ka qaybgalayaasha uu ka tirsan yahay dullaalku, ayaa lagu soo bandhigay shaxda:
| Qaybaha Ka-qaybgalayaasha Wax kala iibsiga | Wax ku biirinta qayb kasta |
| “O” | 5,000,000 |
| “O” (lacag dheeri ah) | 250 000 |
| “F1” ama “F2” | 3,000,000 |
| “T1” ama “T2” | 1,000,000 |
| “D1” ama “D2 | 1,000,000 |
Kharash dheeri ah ayaa laga qaadayaa ka qaybgalayaasha qaybta “O” ee diiwaangelinta. Had iyo jeer laguma dalaco. Go’aanka ku saabsan haddii ay jiraan sababo laga dhaafo khidmaddan waxaa lagu gaaray talada Guddiga Suuqa Kala-soocida ee PJSC Moscow Exchange.
Si kooban oo ku saabsan qaybaha:
- “O”. Ka qaybqaatayaasha wax kala iibsigu waxa ay shati u haystaan hawlaha dilaaliinta/ganacsatada ama waxay ka shaqeeyaan maaraynta hantida qiimaha leh. Xubnaha qaybtan waxay xaq u leeyihiin inay ka ganacsadaan qaybaha saamiyada, badeecooyinka iyo lacagta. Waxay wax ka kala iibsan karaan:
- magaciisa iyo kharashkiisaba;
- Magacaaga iyo kharashka macmiilka;
- iyada oo ka wakiil ah iyo kharashyada macaamiisha nadiifinaya ka qaybgalayaasha, iyo sidoo kale inay sameeyaan macaamil ganacsi oo muujinaya dullaal nadiifin ah (waxay kuxirantahay haddii ay u hoggaansamaan qaybta ku habboon shuruudaha gelitaanka).
- “F1”. Ka qaybgalayaashu waa inay haystaan shatiga hawlaha dillaalnimada ama hawlaha maaraynta hantida qiimaha leh. Xubnaha qaybtan waxay xaq u leeyihiin inay ka ganacsadaan qaybta saamiyada:
- Magaca u gaarka ah iyo kharashka macaamiisha;
- isagoo ka wakiil ah iyo kharashka macaamiisha – nadiifinta ka qaybgalayaasha, iyo sidoo kale in la soo gabagabeeyo macaamilada iyadoo la muujinayo dullaal nadiif ah.
- “F2”. Ka qaybgalayaashu waa inay haystaan shatiga iibiyaha. Qaybtan ka-qaybgalayaasha waa loo oggol yahay inay ka ganacsadaan Qaybta saamiyada si ay wax kala beddelasho u sameeyaan:
- isaga oo wakiil ka ah iyo kharashkiisa;
- oo tilmaamaya dallaalka nadiifinta.
- “T1”. Ka qaybqaatayaasha waa in loo shatiyeeyaa dilaaliinta ( shatiga fulinta qandaraaska noocaas ah waa la tiriyaa – hantida maaliyadeed ee derivative oo leh hantida hoose ee qaabka badeecada) ama hawlaha maaraynta hantida qiimaha leh. Ka qaybgalayaashan waxa loo oggolaaday inay galaan qaybta badeecadaha wax kala iibsiga:
- isaga oo ku hadlaya magaciisa iyo kharashka macaamiisha;
- isagoo ku hadlaya magaca iyo kharashka macaamiisha – nadiifinta ka qaybgalayaasha;
- oo tilmaamaya dallaalka nadiifinta.
- “T2”. Tartamayaashu waa inay haystaan shatiga ganacsiga ama waa inay ahaadaan ururo leh qadar lacageed oo u gaar ah ugu yaraan 5 milyan oo rubi. Qaybtani waxay marin u leedahay Qaybta Badeecada wax kala iibsiga:
- isaga oo wakiil ka ah iyo kharashkiisa;
- oo tilmaamaya dallaalka nadiifinta.
- “D1”. Ka qaybgalayaashu waa inay haystaan shatiga hawlaha dillaalnimada ama hawlaha maaraynta hantida qiimaha leh. Ka qaybgalayaashan waxa loo oggol yahay inay ka ganacsadaan Qaybta Lacagta si ay wax kala beddelasho u sameeyaan:
- isaga oo ku hadlaya magaciisa iyo kharashka macaamiisha;
- isagoo ku hadlaya magaca iyo kharashka macaamiisha – nadiifinta ka qaybgalayaasha;
- oo tilmaamaya dallaalka nadiifinta.
- “D 2”. Ka qaybgalayaashu waa inay haystaan shatiga iibiyaha ama waa inay ahaadaan credit/urur caalami ah. Qaybtan ka qaybqaatayaasha waxaa loo ogolyahay in ay ku ganacsadaan qaybta lacagta si ay wax u kala iibsadaan:
- isaga oo wakiil ka ah iyo kharashkiisa;
- oo tilmaamaya dallaalka nadiifinta.
Iyadoo la raacayo qawaaniinta Shuruucda u-qalmitaanka, ka-qaybgalayaasha waxaa loo ogolaan karaa inay ka ganacsadaan hal ama dhowr qaybood oo suuqa ah hal mar, oo ay ku jiraan hal ama laba qaybood oo hal qayb ah.
Xeerarka ogolaanshaha waxaa laga heli karaa
halkan .
Lacagta beddelka iyo nadiifinta
Labadan khidmadahan waxaa lagu dallacaa mustaqbalka iyo qandaraasyada margin, waxaana sidoo kale laga qaadaa khidmad sarifka ganacsiga madax-bannaanida.
Kharashka qandaraasyada mustaqbalka
Qadarka komishannada sarrifka ah ee isticmaalka bartilmaameed la’aanta ama amarada mustaqbalka ee mustaqbalka waxaa loo xisaabiyaa sida soo socota:
FutFee = Wareega (Abs(FutPrice) * Round(W(f)/R(f);5) ;2) * BaseFutFee;2)
FutFee ≥ 0.01 rub.
Go’aaminta qiyamka qaaciddada waxaa lagu soo bandhigay shaxda:
| Magaca | Decryption |
| cagta cagta | Baaxadda komishanka mustaqbalka ganacsiga ( Rubles). |
| Wareeg | Shaqo la dhisay oo hawsheedu tahay inuu tiro ku soo koobo si sax ah. |
| abs | Hawl lagu xisaabinayo qiimaha saxda ah (lambarkan lama saxeexin). |
| W(f) | Qiimaha tallaabada ugu yar ee qiimaha, kaas oo lagu go’aamiyo si waafaqsan mustaqbalka u dhiganta (in rubles). |
| R(f) | Dhaqdhaqaaqa qiimaha ugu yar, kaas oo lagu go’aamiyo si waafaqsan mustaqbalka u dhigma. |
| BaseFutFee | Qiimaha sarifka saldhiga ee qiimaha xamuulka mustaqbalka ee kooxda qandaraaska ee ay ka tirsan tahay:
|
| FootPrice | Qiimaha qiimaha mustaqbalka, oo lagu go’aamiyay si waafaqsan cutubyada 3.4.2-3.4.3 ee dukumeentigan (halbeegyada cabbirka ee lagu tilmaamay qiimaha marka la dalbanayo). |
Kharashka qandaraasyada ku saleysan margin
Margin waa farqiga u dhexeeya qiimaha iyo qiimaha (oo la mid ah fikradda faa’iidada). Ikhtiyaarada la xaddidayna waa hawlgallada la xidhiidha ikhtiyaarrada ganacsiga, taas oo aanay jirin lacag caddaan ah oo ku socota xisaabaadka iibsada iyo iibiyeyaasha labadaba, laakiin dhammaan qaddarka amniga ayaa lagu kaydiyaa xisaabaadka ganacsiga ee ka qaybgalayaasha wax kala iibsiga.
OptFee = Round (min [(FutFee * K); Round (Premium * Round(W(o))/R(o) ;5) ; 2) * BaseFutFee] ;2)
OptFee ≥ 0.01 rub.
Go’aaminta qiyamka qaaciddada waxaa lagu soo bandhigay shaxda:
| Magaca | Decryption |
| Khidmadda ikhtiyaarka ah | Qadarka komishanka (ku ruble) ee samaynta heshiis. |
| Wareeg | Waxaa jira burbur ku jira qayb-hoosaadkii hore. |
| cagta cagta | Qadarka komishanka ( Rubles) ee ganacsiga mustaqbalka. |
| Premium | Qiimaha khidmadaha ikhtiyaarka ah (halbeegyada cabbirka ee lagu qeexay habka qiimaha ikhtiyaarka). |
| W(o) | Cabbirka tallaabada ugu yar ee qiimaha (in rubles). |
| R(o) | Dhaqdhaqaaqa qiimaha ugu yar |
| BaseFutFee | Qiimaha heerka saldhigga ah ee xulashada lagu soo gabagabeeyay waa 0.06325 (isweydaarsiga). Heerka dulsaarka salka la xisaabiyay ee gabagabada waa 0.04675 (nadiifinta). |
| Ku | Waxqabad dheeri ah: K=2. |
Kharashka ganacsiga maqaarka
Scalping ganacsiga mustaqbalka waa ganacsiyo ku salaysan amaro aan bartilmaameed lahayn. Waxay horseedaan furitaanka iyo xidhitaanka boosaska mustaqbalka hal xilli ganacsi gudahood. Faahfaahin dheeraad ah oo ku saabsan qalabka heshiisyadan shaxda:
| Magaca | Qeexitaanno | Biilasha |
| Mustaqbalka | Macaamil hore oo lagu fuliyay iyada oo ku saleysan amarrada aan bartilmaameedka ahayn, waxay u horseedaan furitaanka iyo xidhitaanka boosaska mustaqbalka hal xilli ganacsi gudahood. | 0.5 ee wadarta khidmadaha lagu sarrifo ganacsiyada. |
| Ikhtiyaarada | Xawaalad horay loo fuliyay oo lagu saleeyay amarrada aan bartilmaameedka ahayn, haddii ikhtiyaarka lagu dhaqmo hal xilli ganacsi gudahood (iyadoon loo eegin qiimaha), u horseedda furitaanka boosaska iska soo horjeeda. Iibka xulashooyinka si aad u iibsato (Wac) iyo iibinta – iibinta (Put) waxay horseedi kartaa furitaanka jagooyinka dheer ee mustaqbalka. Iibinta Ikhtiyaarada Wicida iyo iibsashada Xulashooyinka Ku dhejinta waxay dhalin doontaa boosas mustaqbalka gaaban. Ikhtiyaarada maqaarka maqaarka ee lammaane:
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Wadarta guud ee komishanka fulinta ganacsiyada madaxa-goynta iyadoo la adeegsanayo xulashooyinka waxaa lagu xisaabiyaa iyadoo la adeegsanayo hababka soo socda:
- Kharash = (OptFee(1) + OptFee(2)) * K → haddii OptFee(1) = OptFee(2);
- Kharashka = 2 * OptFee (1) * K + (OptFee (2) – OptFee (1) → haddii OptFee (1) < OptFee (2);
- Kharash = 2 * OptFee (2) * K + (OptFee (1) – OptFee (2)) → haddii OptFee (1)> OptFee(2).
Go’aaminta macnaha qaaciidooyinka ayaa lagu soo bandhigay shaxda:
| Magaca | Decryption |
| khidmad | Wadarta guud ee komishanka sarrifka ee hawlgallada maqaarka ( Rubles). |
| Khidmadda ikhtiyaarka ah (1) | Tirada guud ee khidmadaha fulinta ganacsiyada hal xilli ganacsi oo leh ikhtiyaarro u horseedaya furitaanka mustaqbalka, oo lagu xisaabiyo sida ku cad qaybta-hoosaadka “Kharashka qandaraasyada ku saleysan margin”. |
| Khidmadda ikhtiyaarka ah (2) | Tirada guud ee khidmadaha fulinta macaamil ganacsi ee xilliga ganacsiga …, taas oo horseedaysa xiritaanka mustaqbalka, oo lagu xisaabiyo sida ku cad qaybta “Fee … oo ku salaysan margin”. |
| Ku | Qodob had iyo jeer ah 0.5. |
Kharashka Faafida Jadwalka
Faafidda Jadwalka – Iibka iyo iibinta mustaqbalka leh bisayl kala duwan oo ku salaysan amarada faafinta isku mar.
FeeCS = ΣFutFeeCS * (1 – K) Fasiraadda qiyamka qaacidooyinka ayaa lagu soo bandhigay shaxda:
| Magacyada | Decryption |
| FeeCS | Kharashka ( Rubles) ee Faafinta Jadwalka ee ku salaysan amarada bartilmaameed la’aanta hal xilli ganacsi gudaheed. |
| Ku | Sicirka qiimo dhimista wax ku oolka ah inta lagu jiro xilliga suuqgeynta, kaas oo ah 0.2. Muddadan, laga bilaabo maalinta ganacsiga ee ugu horreysa, waa lix bilood. Inta lagu jiro muddadan, waxaad soo gabagabeyn kartaa mustaqbalka adiga oo ku saleysan amarada bartilmaameed la’aanta ah. Dhammaadka muddada, sicir-dhimista lama dabaqo (halkan waa = 0). |
| ΣFutFeeCS | Kharashka wax kala iibsiga mustaqbalka ( Rubles) ee lagu dalaco iyada oo lagu salaynayo dalabaadka fidinta jadwalka aan la beegsan waxa loo xisaabiyaa sida soo socota: FutFeeCS = Wareega ((Round ((abs FutPrice(1)))) + abs(FutPrice(2)))) f)/R (f);5)) ;2) * BaseFutFee;2) halka:
Qiimayaasha kale, waxaa jira qoraal qoraal ah oo kore. |
Qaaciddada xisaabinta qaddarka khidmadda ee Jadwalka Faafinta mustaqbalka iyadoo lagu saleynayo amarka “Calendar Spread” heshiiska inta lagu jiro maalinta ganacsiga waa sida soo socota:
FeeCS = ΣFutFeeCS Sharaxaadaha qiyamka la isticmaalay ayaa horayba loogu sheegay maqaalka. .
Kharashyada kale
Waxa kale oo jira wax ku biirinta soo socota:
- Wax ku biirinta Sanduuqa Damaanada Qaadashada ugu yar ee suurtogalka ah ee mid kasta oo ka mid ah Xubnaha Nadiifinta ee sanduuqan waa 10 milyan oo rubi. Dukumeentiga PJSC Moscow ee ku saabsan wax ku biirinta noocaan ah – soo dejiso .
- Nadiifinta guddiga iyo tacriifadaha. Fikradaha iyo macnaha waxaa laga heli karaa dukumentiyadan:
- Kharashyada wax kala iibsiga. Dukumeentiga ku saabsan ” khidmadaha dheeraadka ah …” waxaa u heellan khidmadahan beddelka – arag dukumeentiga . Lagu dalacay wax kala iibsiga:
- wax-qabad la’aan (haddii ganacsade ama macmiilku sameeyo macaamilo badan, laakiin isla mar ahaantaana uu sameeyo wax yar);
- Xakamaynta Daadka khaladka ah (haddii ganacsadaha ama macmiilku sameeyo wax kala beddelasho badan oo noocaas ah oo leh lambarka khaladka 9999);
- si khalad ah loo fuliyay, laakiin ka duwan Xakamaynta Daadka (haddii ganacsadaha ama macmiilkiisu sameeyo wax kala beddelasho badan oo noocaas ah oo leh furaha qaladka 31, 332, 333, 4103, 3, 14, 50, 0).
Si aad uga ganacsato Suuqa Kala-guurka, waxaad u baahan tahay marka hore inaad fahanto dhammaan nuucyadiisa. Oo ay ku jiraan tacriifadaha, guddiyada lagu soo dalacday iyaga iyo khidmadaha la siiyo ka qaybgalayaasha xaraashka noocaan ah.
