 Touchline Terminology(Badla Trading) Badla Touchline
Potte
Qty |
Purchase
Quantity |
Matte
Qty |
Sell
Quantity |
Potte
C Rate |
Purchase
Contango Rate |
Matte
C Rate |
Sell
Contango Rate |
Potte
Yield |
% p.a of
interest on Buy |
Matte
Yield |
% p.a of
interest on Sell |
Last
Trade Rate |
Last
Trade Contango Rate |
Settlement
Clearing Rate |
Closing
Price on Last Day |
|
Badla Trading Rules
Members with Purchase Position (PC)
will put a SELL order in BADLA CSTAR
Trade
Money (Vyaj Badla) Financiers will put a BUY order in BADLA CSTAR
Members with Purchase Position (PC) will put a SELL order in BADLA CSTAR
Contango (In
the next Settlement)
Money (Vyaj Badla) Financiers will put a BUY order in BADLA CSTAR
Members with Sell Position (SC) will put a BUY order in BADLA CSTAR
Trade
Share (Share Badla) Financiers will put a SELL order in BADLA CSTAR Members with
Sell Position (SC) will put a BUY order in BADLA CSTAR
Contango (In the next
Settlement) Share (Share Badla) Financiers will put a SELL order in BADLA CSTAR
 |
Badla Trading takes place on
Contango Rate (Interest) |
|
Price Priority for Badla Trade
Matching |
- Buyer (Receiver) wants Highest Sell
Contango
- Seller (Giver) wants Least Buy Contango
|
All Trades take place at |
- Settlement Clearing Rate – Contango
|
Contango can be +, -, or 0; Tick
size 1 paisa |
|
Quote Spread will be |
- Buy Bid > Sel Bid
Badla Trading Rules (Illustration)
Touching looks like
Pending
Matte C Rate |
Pending
Potte C Rate |
2.00 |
2.01 |
1.73 |
4.72 |
0.00 |
5.25 |
-0.75 |
5.50 |
-2.00 |
10.00 |
|
Incoming Sell has to be ³ 2.01 for
trading Touching looks like
Pending
Matte C Rate |
Pending
Potte C Rate |
2.00 |
2.01 |
1.73 |
4.72 |
0.00 |
5.25 |
-0.75 |
5.50 |
-2.00 |
10.00 |
|
Incoming Buy has to be £ 2.00 for trading
Back
|
