Eli xwebhu limisela imiqathango echaza ngokukodwa ukurhweba kumaqonga e-Deriv, kuquka leyo iphathelele imithetho yethu yorhwebo, umgaqo-nkqubo wamaxabiso, iintlawulo, iimpazamo ezibonakalayo, umargin, kunye ne-leverage. Lenza inxalenye yesivumelwano phakathi kwenu ne-Deriv kwaye lifanele lifundwe kunye neImiqathango jikelele yokusetyenziswa yabaxhasi (“Imiqathango Jikelele”). Nawuphi na umgaqo ochaziweyo osetyenzisiweyo kule miqathango yorhwebo uya kuba nentsingiselo enikwe yona kwiMiqathango Jikelele. Le miqathango yorhwebo ayisebenzi kwiiNkonzo Zongcebiso Lwezimali.
1. Ngokubanzi
1.1. Sinoxanduva jikelele lokuqhuba ishishini lethu kunye nani ngokunyaniseka, ngokulungileyo, kwaye ngobuchule, kunye nokwenza izenzo ezisekelwe kwiimfuno zenu ezingundoqo xa sivula kwaye sivala ii-trade kunye nani.
1.2. Singanokubeka imiqathango yorhwebo kunye nemigaqo kunye neelinge ezithile ekubekweni kwee-oda zemarike kwiiPlatform zethu. Sizigcinela ilungelo lokutshintsha le miqathango kunye nemigaqo nangaliphi na ixesha ngenxa yeemeko zemarike kunye/okanye ezinye izinto.
1.3. Singanokunibonelela ngolwazi olubhaliweyo ngamaxesha athile ngokulupapashela kwiWebhusayithi yethu okanye nganayiphi na indlela. Njengoko kuchaziwe kwiMiqathango Jikelele, asikwenzi naziphi na iziqinisekiso ngendlela olwazi oluchanekile ngayo, kwaye olu lwazi alunakuba yinto okanye aluqulathi nayiphi na ingcebiso okanye izindululo zotyalo-mali ezivela kuthi, kungenani imeko.
1.4. Ukuba nisebenzisa nawuphi na umboneleli wenkonzo wesithathu (umzekelo, i-MT5) worhwebo, kuya kuba luxanduva lwenu ngokupheleleyo ukuqinisekisa ukhuseleko lweakhawunti yenu kunye nawuphi na urhwebo oluqhutyekiswayo.
1.5. Ngoku niyasigunyazisa ukuba sithathe amanyathelo malunga nawo nawuphi na umyalelo oniwunikileyo kumaQonga. Ngenjongo yeli Candelo 1.5, sinelungelo lokuxhomekeka nakuyiphi na intsebenzwano okanye umyalelo osiphathelweyo ngobuxhomekeko bomagunya wengxelo kumaQonga kwiinkcukacha zokungena kwiakhawunti yenu ngaphandle kombuzo ongaphezulu malunga nobunyaniso, igunya, okanye ubuni bomntu onikezela okanye obonakalisa ukunikezela intsebenzwano okanye umyalelo. Izicelo zokuvula okanye zokuvala intengiselwano nge-fax, i-imeyile, okanye umyalezo wombhalo aziyi kwamkelwa.
1.6. Qho xa ningena kwintengiselwano nathi, nenza ezi ngxelo zilandelayo kuthi:
1.6.1. Aningeni kwintengiselwano enokubangela ukuxhatshazwa kwemarike. Niyakhunjuzwa ukuba oku kusebenza kuzo zonke iindlela zokuxhatshazwa kwemarike, kuquka urhwebo lwangaphakathi, ukuxhatshazwa kolwazi, kunye nokuqhwalisa imarike;
1.6.2. Aniqeshwanga kwicandelo lebhanki kunye/okanye lezimali (ngaphandle kokuba umqeshi wenu uyazi ngorhwebo lwenu kwaye lo mkhwa awuchaphazeli imigaqo-nkqubo yomqeshi wenu); kwaye
1.6.3. Ukusebenzisa kwenu iiNkonzo kunye namaQonga, kuquka yonke intengiselwano eniyigqibezelayo, akuphuli nayiphi na imithetho, imimiselo, amaxwebhu angumthetho, okanye imiyalelo, kuquka imigaqo elawula ukusebenza kwayo nayiphi na i-exchange, imarike yezemali, imeko yolawulo lwezemali, okanye imigaqo yobuqu yokurhweba okulungileyo.
1.7. Sigcina ilungelo lokususa naluphi na uxabelo kwiPlatform zethu nokuba sikunikezela na isaziso phambi kokwenjenjalo okanye kungekho sazisi, ngakumbi kwiimeko zokuguquguquka kwemarike okanye kurhanelo lokuxhatshazwa.
1.8. Sigcina ilungelo lokubeka imida yomngcipheko kwiakhawunti yenu, nto leyo enokuchaphazela urhwebo lwenu. Le mida inokubandakanya izithintelo kwizixhobo zorhwebo eninako ukurhweba ngazo, iindidi zorhwebo, umngcipheko omkhulu wokuchaphazeleka kwisixhobo esithile sorhwebo, kunye nemida yobungakanani borhwebo.
1.9. Sigcina ilungelo lokwandisa okanye lokunciphisa ubunzulu bamanani-ndilesi kuso nasiphi na isixhobo sorhwebo kwiiPlatform zethu. Apho kunokwenzeka khona, siya kuninika isaziso phambi kokwenza naluphi na utshintsho.
1.10. Sinelungelo lokumisa ngokwethutyana iiNkonzo zethu okanye ukuyekisa okanye ukubuyisela umva naluphi na urhwebo kuzo naziphi na iimeko apho thina, ngokubona kwethu okungcwele, sigqibe kwelokuba amaxabiso asenokungabi ngawenyani okanye angenakwenzeka ukuba amiselwe. Ezi meko ziquka, kodwa akuphelelanga nje kuzo, ezi zilandelayo:
1.10.1. Xa, ngenxa yeziganeko zopolitiko, zoqoqosho, zomkhosi, okanye zemali (kuquka ukuguquguquka okungaqhelekanga kwemarike okanye ukungabikho kobuliquid) okanye naziphi na iimeko ezingaphandle kolawulo lwethu, uxanduva lwethu, kunye namandla ethu, ukuqhubeka komsebenzi wethu akunakwenzeka ngokusengqiqweni ngaphandle kokonakalisa kakhulu izilangazelelo zethu;
1.10.2. Ukuba sigqibe kwelokuba ixabiso alinakubalwa kwizivumelwano;
1.10.3. Xa naluphi na uhlobo lonxibelelwano oluqhelekileyo lusetyenziselwa ukumisela ixabiso okanye umlinganiselo waso nasiphi na isivumelwano esisinikezelayo luphuka;
1.10.4. Xa sigqiba kwelokuba ixabiso okanye umlinganiselo waso nasiphi na isivumelwano esisinikezelayo awunakumiselwa ngokukhawuleza okanye ngokuchanileyo; okanye
1.10.5. Xa kukho impazamo kwisoftware yorhwebo okanye kuyo nayiphi na enye inkqubo ye-IT.
1.11. Sigcina ilungelo lokuvala nayiphi na iakhawunti ngokubona kwethu okungcwele ukuba sigqibe kwelokuba nina kunye/okanye nabaphi na abantu esibachonga njengabahlobo benu basebenza ngenkohliso kunye/okanye bazama ukuzuza ngendleko ye-Deriv.
1.12. Sigcina ilungelo lokubuyisela umva naziphi na iinzuzo kwiakhawunti yenu okanye kwiiakhawunti zabaphi na abantu esigqiba kwelokuba bangabahlobo benu ukuba sikholelwa ukuba ezo nzuzo zenziwe ngenkohliso kunye/okanye ngendleko ye-Deriv.
1.13. IiPlatform zethu zinokubonisa idatha yetshathi ngokwahlukeneyo ngenxa yemimiselo yobuchwepheshe ethe ngqo kwiPlatform. Oku kuquka, kodwa akuphelelanga nje kuko, ukwahluka kwamaxesha okuqala kwee-candle, imimiselo yommandla wexesha, kunye nezinjini zokwenza iitshathi. Ngenxa yoko, iipateni zee-candlestick kunye neqela leetshathi, ngakumbi kwimida yexesha ephakamileyo (njengetshathi yeeyure ezi-4), zisenokungabonakali ngokufanayo kuzo zonke iiPlatform. Oku kwahluka kunokuchaphazela uhlalutyo lokubonakalayo kwiitshathi zeeyure ezi-4, ukuqonda kweepateni kwimida yexesha ephakamileyo, kunye nezigqibo zorhwebo ezisekelwe kwitshathi xa kutshintshwa phakathi kweePlatform. Idatha yemarike esisiseko yiyo kanye leyo. Umahluko ukwindlela idatha eqokelelwa nebonakaliswa ngayo.
1.14. Asiyi kuba noxanduva nganeziphi na iilahleko, utolikelo olungachanekanga, okanye izigqibo zorhwebo ezinokubangelwa ngumahluko wokubonisa iitshathi ochazwe kwiCandelo 1.13. Ninoxanduva lokuqonda indlela ipletifomu nganye ebonisa ngayo idatha kunye nendlela imimiselo yayo enokuchaphazela ngayo ukubonakaliswa kwetshathi.
1.15. Izenzo zeenkampani
1.15.1. Isenzo sombutho sinokubandakanya ukudityaniswa, ukuthengwa, ukubhanga, ukukhutshwa kwebhonasi, amalungelo ebhonasi, isahlulo semali sedividenti, isenzo seklasi, ukususwa kuluhlu, ukwahlulwa kwenkampani, isaziso esibanzi, uthengiso lokuqala ngaselubala (IPO), ukuphelisa, ukudityaniswa kweenkampani, utshintsho kwixabiso elimiselweyo, icebo lolungiselelo, isahlulo sedividenti sezabelo, ukwahlulwa kwezabelo, ukubuyiselwa kwengxowa-mali, okanye ukwahlulwa kwezabelo okubuyiselweyo.
1.15.2. Olunye okanye ngaphezulu kolwenu urhwebo lunokuchaphazeleka sisenzo sombutho. Kuloo meko, sinokuthatha elinye okanye ngaphezulu kwala manyathelo alandelayo:
1.15.2.1. Ukubeka isixa kwi, okanye ukukhupha isixa kwi, iakhawunti yenu; okanye
1.15.2.2. Ukuthintela iakhawunti yenu ukunqanda ukuba nivale naluphi na urhwebo oluchaphazelekileyo de isenzo sombutho sigqitywe.
1.16. Iimpazamo ezicacileyo
1.16.1. Ukuba sinesizathu sokukholelwa ukuba ningene kurhwebo ngexabiso elingaboniswi njengexabiso lemarike elifanelekileyo okanye lifunyenwe okanye lithengisiwe kumgangatho ongaqhelekanga ophantsi womngcipheko ngenxa:
1.16.1.1. Yempazamo yenkqubo engabonwanga, isiphene, okanye ingxaki kwiiPlatform zethu, isoftware yeWebhusayithi, okanye umthombo wedatha yemarike; okanye
1.16.1.2. Ukulibazisa kwamaxabiso omqathango, impazamo yokufakwa kolwazi, ixabiso elingaqhelekanga, ipharamitha yexabiso engachanekanga, ukubalwa kakubi ngokucacileyo kwamaxabiso, okanye enye impazamo ecacileyo,
(nganye, “Impazamo eCacileyo”), sinalungelo lokurhoxisa okanye lokubuyisela umva iintsebenzwana okanye lokutshintsha imiqathango yesivumelwano salo rhwebo.
1.16.2. Ukugqiba ukuba impazamo yi-Manifest Error okanye akunjalo, singathathela ingqalelo nayiphi na ulwazi olufanelekileyo, kuquka imo yemarike esekelwe kuyo ngexesha lempazamo nayiphi na impazamo yangaphakathi okanye ukungacaci kwanoluphi na uthotho lolwazi okanye ingxelo.
1.16.3. Ninomsebenzi wokusixelela ngayo nayiphi na ingxaki, impazamo, okanye ukungqongqwa kwenkqubo enisolela ukuba nikuva kumaqonga okanye kwiwebhusayithi. Aniyi kusebenzisa kakubi okanye niphuhlise ingeniso kwezi ngxaki okanye iimpazamo zenkqubo.
1.16.4. Singenza uhlengahlengiso kwimigaqo yesivumelwano yawo nawuphi na urhwebo olwenziweyo olunee-Manifest Errors ngendlela esiyigqibayo (ngokusebenzisa ingqiqo) njengegqibelela kwaye ilungelelene. Olu hlengahlengiso lunokwenziwa ningabandakanyekanga, kwaye lunokufuna izenzo eziquka: ukuvala okanye ukuvula izikhundla kunye/okanye ukucima urhwebo kwimbali yorhwebo.
2. Options ne-Multipliers
2.1. Imiqathango yorhwebo
2.1.1. Urhwebo lwethu lwe-Options kunye ne-Multipliers lunikezelwa phantsi kwale miqathango ilandelayo:
2.1.1.1. Urhwebo lwe-Options kunye ne-Multipliers alunakho ukunikezelwa kwiyure yokugqibela yorhwebo kuyo nayiphi na imarike.
2.1.1.2. Urhwebo lwe-Options kunye ne-Multipliers alunakho ukunikezelwa kwimizuzu elishumi (10) yokuqala yorhwebo lwemarike.
2.1.1.3. Ngamaxesha okuguquguquka okuphezulu (ukushukuma kwemarike okukhawulezileyo kakhulu), urhwebo lunokunikezelwa ngamaxabiso angalunganga kakhulu kuni kunalawo anikezelwa phantsi kweemeko eziqhelekileyo zemarike.
2.1.1.4. Singabeka imida ethile kumanqanaba amkelekileyo eengcango namaxabiso okuqalisa (strike prices) orhwebo lwe-Options. Amaxabiso eengcango nawokuqalisa ngokuqhelekileyo asenokuba kwindawo ephakathi ekude ngokulinganiselweyo kwinqanaba lemarike esekelwe kuyo langoku.
2.1.1.5. Kwii-Accumulator Options, singabeka imida ethile kwifakthri yereyithi yokukhula efumanekayo.
2.1.1.6. Kwii-Vanilla Options, singabeka imida ethile, kuquka imida kumaxabiso okuqalisa okanye kuvolyum yorhwebo, ngokuxhomekeke kwiimeko zemarike.
2.1.1.7. Kurhwebo lwe-Multipliers, singabeka imida ethile kuluhlu olwamkelekileyo lwee-Multipliers kunye noluhlu lwexesha lokurhoxiswa kwesivumelwano.
2.1.1.8. Amaxabiso emarike ahlaziywa ubuncinane kube kanye ngomzuzwana. Ukuba kufunyanwe i-tick engaphezu kwenye kuwo nawuphi na umzuzwana, ixabiso lemarike kuthotho lwethu lolwazi lihlaziywa laya kwi-tick yokugqibela esemthethweni efunyenweyo.
2.1.1.9. Ukuthengisa ii-Digital Options kusenokungabi nakwenzeka kwimizuzwana elishumi elinesihlanu (15) ngaphambi kwexesha lokuphelelwa lixesha.
2.1.1.10. Ukuthengisa ii-Vanilla Options kwiZalathisi zokuGuquguquka kusenokungabi nakwenzeka kwimizuzwana engamashumi amathandathu (60) ngaphambi kwexesha lokuphelelwa lixesha.
2.1.1.11. Ukuthengisa ii-Vanilla Options kurhwebo lwemali yangaphandle (“FX”) kusenokungabi nakwenzeka kwiiyure ezingamashumi amabini anesine (24) ngaphambi kwexesha lokuphelelwa lixesha.
2.1.1.12. Isikhundla se-Accumulator Options sivalwa ngokuzenzekelayo xa sifikelela kwimali ehlawulwayo ephezulu okanye kwii-tick eziphezulu okanye ukuba enye yemida yoluhlu ichukunyisiwe okanye yaphulwe.
2.1.1.13. Isikhundla se-Vanilla Options sivalwa ngokuzenzekelayo xa sifikelela kwixesha lalo lokuphelelwa lixesha.
2.1.1.14. Kwii-Accumulator Options, inani eliphezulu lee-tick kunye nemali ehlawulwayo ephezulu enokufunyanwa, kuchongwa yifakthri yereyithi yokukhula, enokusetwa phakathi koluhlu olususela kwi-1% ukuya kwi-5% kubandakanya, ngesinyuko se-1%.
2.1.1.15. Kwii-Vanilla Options, imali ehlawulwayo ngepoyinti (kwiiasethi ze-synthetic) kunye nemali ehlawulwayo nge-pip (kwiiasethi ze-FX) ziyaxhomekeka kubudlelwane phakathi kwexabiso lokuqhuba elikhethiweyo kunye nexabiso langoku.
2.1.1.16. Ukuvulwa kwee-Accumulator Options kuya kuthintelwa okwethutyana xa kufikelelwa kumda ophezulu wesixa-mali sorhwebo esihlanganisiweyo. Lo mda uya kuvuselelwa xa isixa-mali sorhwebo esihlanganisiweyo seendawo zorhwebo ezivulekileyo ngoku ngokufanayo ngo-underlying kunye nereyithi yokukhula sifikelela kumgangatho omiselweyo ngaphambili. Esi senzo senziwa ukuze kulawulwe umngcipheko kunye nokukhusela utyalo-mali lwenu.
2.1.1.17. Iimarike ezahlukeneyo zingavala ngamaxesha ahlukeneyo ngosuku ngenxa yeeyure zorhwebo zasekuhlaleni kunye nemimandla yexesha.
2.1.1.18. Ezinye iimarike (ezinje ngezalathisi zezabelo) azivuleki imini yonke, kwaye ukurhweba kusenokungabikho xa iimarike zivaliwe.
2.2. Ii-data feed kunye nee-quote
2.2.1. Niyavuma ukuba iidatha feed zethu zingahluka kancinci kwezabanye ngezizathu ezilandelayo:
2.2.1.1. Kuzo zonke ii-instrumenti ezinikezelwa ngendlela ye-over-the-counter (ebizwa ngokuba yi-“OTC”) (oko kukuthi, ngaphandle kokusetyenziswa kwendlu ephakathi yokucoca) umzekelo, i-FX, akukho mthombo wexabiso “osesikweni”. Ii-data feed ezahlukeneyo ziya kuqulatha iikota ezivela kwimithombo eyahlukeneyo, ngoko ke amaxabiso aphumayo aya kuba ahlukene nawo.
2.2.1.2. Ixesha lokuvala kwemarike lichaphazela ii-data feed. Ixesha elichanekileyo lokuhlawulwa kweentengiso zonke kwiwebhusayithi yethu lingahluka kwelezinye iiwebhusayithi ngenxa yezithethe ezahlukeneyo ezinokusetyenziswa zizo (umzekelo, ezinye iiwebhusayithi zikhetha i-4:00 pm ixesha laseNew York okanye i-5:00 pm ixesha laseLondon). Ngenxa yoko, amaxabiso okuvula, aphakamileyo, asezantsi, nawokuvala abonakaliswa kwiwebhusayithi yethu angahluka kula akwezinye iiwebhusayithi.
2.2.1.3. Amaxabiso e-bid ne-ask adala umahluko kwii-data feed. Xa imarike ingenawo i-liquidity eyaneleyo, i-data feed inokuqulatha amaxabiso amaninzi e-bid ne-ask, nangona kungekho maxabiso enziwe urhwebo kutsha afumanekayo. Ngokuthatha umlinganiselo wexabiso le-bid/ask (oko kukuthi, i-bid kunye ne-ask, kwahlulwe ngo-2), kuvelisa ikota yemarike ebonisa imeko yangoku yemarike ngaphandle kokuba kuchaphazeleke kwixabiso elenziwe urhwebo kutsha. Inkqubo yethu iya kuvelisa amaxabiso ukusuka kumaxabiso e-bid ne-ask, ngelixa ezinye iiwebhusayithi zingenako ukwenjenjalo. Ngenxa yoko, iwebhusayithi yethu isenokubonisa ii-tick ezingabonakaliyo kwii-data feed zezinye iiwebhusayithi.
2.2.2. Iikota zempelaveki aziqwalaselwa kwinjongo yokuhlawulwa kwentengiso. Ngeempelaveki, iimarike ze-FX ngamanye amaxesha zinokuvelisa amaxabiso; nangona kunjalo, la maxabiso adla ngokuba ngawokubonisa kuphela (abarhwebi ngamanye amaxesha bayasebenzisa ukungabikho kwe-liquidity yeemarike ngeempelaveki ukutyhala amaxabiso phezulu okanye phantsi). Ukuze kuphetshwe ukuhlawulwa kwamaxabiso okusekwe kwala maxabiso abonisayo, umgaqo-nkqubo wethu kukuba singawabali amaxabiso empelaveki kumaxabiso okuhlawulwa kwentengiso (ngaphandle kwee-Synthetic Indices kunye nemali ye-crypto, ezivulekileyo ngeempelaveki).
2.2.3. Iindawo zokungena kwiindidi zentengiso ezahlukeneyo zichazwa ngolu hlobo lulandelayo:
2.2.3.1. Kwii-Digital Options, ii-Multipliers, kunye nee-Accumulator Options, indawo yokungena ichazwa njenge-tick elandelayo emva kokuba iiseva zethu ziqhube umnqophiso.
2.2.3.2. Kwii-Vanilla Options, indawo yokungena ichazwa njenge-tick yamva nje efumanekayo ngexesha apho iiseva zethu ziqhuba umnqophiso khona.
2.2.4. Ngokuxhomekeke kumgangatho wee-data feed ezifunyenwe kubanikezeli bethu bee-feed, iiseva zethu zisenokusebenzisa i-algorithm yokuhluza ii-tick. Injongo yale algorithm yokuhluza kukususa kwi-feed ii-tick ezilahlekileyo. Ii-tick ezilahlekileyo zii-tick eziphuma ngokucacileyo ngaphandle kwebanga lentengiso langoku lemarike; ezi tick zidla ngokuvela ngenxa yokulibaziseka konxibelelwano kunye nenkampani yokurhweba okanye ibhanki enikezela ngeekota, impazamo yomntu, okanye iingxaki zedatabase ezinokuvela nanyeni phakathi komnikezeli wekota kunye neeseva zethu.
2.2.5. Sigcina ilungelo lokwenza ulungelelwaniso kwidatha yentengiso ukuba iqulatha naziphi na idatha enexabiso elingachanekanga okanye enempazamo yokuchwetheza.
2.3. Ukubekwa kwamaxabiso kwe-Options ne-Multipliers
2.3.1. Sisebenzisa uqikelelo lwethu olungcono lokuhamba kwamaxabiso emarike kunye nomgangatho olindelekileyo weereyithi zenzala, i-implied volatility, kunye neemeko zemarike ezinye ngexesha lobomi bentengiso yemali ukubala ixabiso enilihlawulayo kunye nemali ehlawulwayo eniyifumanayo kwintengiso zee-Digital Options, ii-Accumulator Options, kunye nee-Vanilla Options. Uqikelelo lusekelwe kwimathematika entsonkothileyo kwaye lufaka ulungelelwaniso oluthatha icala lethu.
2.3.2. Kwintengiso zee-Accumulator Options, amaxabiso e-“Range” asenokuxhomekeka kuko ngaphezu kwereyithi ye-“Growth” kunye no-underlying.
2.3.3. Nawuphi na umahluko (umahluko phakathi kwexabiso lomyalelo kunye nexabiso lokuphunyezwa xa imiyalelo igqityiwe), ukususela kwixabiso elibonisiweyo ngexesha lokuphunyezwa komyalelo, ujongwa njengotshintsho kumaxabiso e-underlying kwimarike. Lo mahluko unokwenyuka ngokubalulekileyo ngexesha lokuguqulwa kwereyithi yebhanki yemihla ngemihla. Siqinisekisa ukuba sibaqhuba urhwebo lwee-Options kwixabiso elalatyathiweyo okanye elisezantsi kunalo. Ngexesha lokuhamba ngokukhawuleza kwemarike, ixabiso lisenokutshintsha, kwaye siya kuphunyezwa nokuba kungekho mahluko okanye kukho umahluko olungileyo (olulungele nina ngakumbi). Ukuba intengiso ibonisa umahluko ongalunganga ngaphezu komda owamkelekileyo, intengiso iya kwaliwa.
2.3.4. Kwii-Accumulator Options, iinzuzo zinokwanda ngenxa yomahluko xa ixabiso liwela ngaphakathi kwamabanga achaziweyo. Noko ke, ukuba nawuphi na kwimida ichukunyisiwe okanye yaphulwe, isixa-mali sorhwebo siya kulahleka ngaphandle kwayo nayiphi na intlawulo.
2.3.5. Idatha yeetshathi esiyinikezelayo ibonisa kuphela kwaye ingahluka kumaxabiso emarike okwenyani.
2.3.6. Ukuba izenzo zeenkampani zibangela ukuba ixabiso le-asethi ye-underlying litshintshe, amaxabiso entengiso nawo angatshintsha.
2.3.7. Ukuba kukho nawuphi na umbango malunga nendlela ekubalwe ngayo ixabiso lorhwebo lwezezimali okanye amaxabiso emarike okanye okuhlawulwayo, isigqibo sethu siya kuba ngesokugqibela size sibophelele.
3. Izivumelwano zoMahluko ("ii-CFD")
3.1. I-Margin kunye ne-leverage
3.1.1. Ngokuxhomekeke kuhlobo lwe-akhawunti eniyinikwayo, i-leverage esetyenzisiweyo inokwahluka. Zonke izixhobo zorhwebo zinganokuba nee-leverage zazo.
3.1.2. Luxanduva lwenu ukuqinisekisa ukuba ninebhalansi eyaneleyo kwi-akhawunti yenu ukugquma nawuphi na i-margin efunekayo xa kuvulwa isikhundla sorhwebo.
3.1.3. Ukukhusela iportfoliyo yenu kwiintshukumo ezingathandekiyo zemarike ngenxa yesikhewu sokuvulwa kwemarike, sigcina ilungelo lokunciphisa i-leverage kuzo zonke izixhobo zorhwebo ezinikezelwayo kwii-akhawunti ze-CFD phambi kokuba imarike ivalwe nokuyinyusa kwakhona emva kokuba imarike ivuliwe. Luxanduva lwenu ukuqinisekisa ukuba ninemali eyaneleyo kuzo zonke ii-akhawunti zenu zePlatform ukuxhasa iindawo zenu zorhwebo ngalo lonke ixesha.
3.1.4. Ukuba ibhalansi ye-akhawunti yenu iwela ngaphantsi kwemfuno ye-margin, siya kukhupha isibizo se-margin (margin call), apho niya kufumana isilumkiso, kwaye niya kuba nokhetho lokubeka imali engakumbi kwi-akhawunti yenu okanye ukuvala izikhundla zenu ezivuliweyo.
3.1.5. Kwiimeko apho inqanaba lenu le-margin liwela ngaphantsi kwe-50%, oko kukuthi ibhalansi ye-akhawunti yenu iwela ngaphantsi kwesiqingatha semfuno yenu ye-margin, siya kuqalisa iinkqubo zokuvala (close-out procedures). Siya kuqalisa ukuvala izikhundla zenu ngokuzenzekelayo, elinye ngalinye, siqala kwisikhundla esinelahleko enkulu engakabonakali (unrealised loss), size siqhubeke de inqanaba le-margin libuyele ngaphezulu kwe-50% okanye zonke izikhundla zenu zivalwe. Ukufumana ulwazi oluthe vetshe ngokuvala (close-out), ningabhekisela kwicandelo elithi “Inqanaba lika-Stop-out” ngezantsi.
3.1.6. Sigcina ilungelo lokunyusa okanye ukunciphisa i-leverage esetyenziselwa izikhundla zenu ezivuliweyo ngokwesigqibo sethu ngokupheleleyo. Nakuphi na utshintsho olunjalo lunokubangela ukunyuka ngoko nangoko kwiimfuno ze-margin.
3.2. Inqanaba le-Stop Out
3.2.1. Inqanaba lika-stop-out linganokusetyenziselwa iimeko ezahlukeneyo, eziquka kodwa ezingaphelelanga kule zilandelayo:
3.2.1.1. Iseva inokuhlalutya nawuphi na ama-oda angekho phantsi kokuphunyezwa ngoko;
3.2.1.2. Iseva inokucima ama-oda anee-margin ezinkulu kunawo onke;
3.2.1.3. Ukuba inqanaba lenu le-margin lisekwa ngaphantsi kwenqanaba lika-stop-out, i-oda elilandelayo linganokucinywa (ama-oda angenazimfuno ze-margin awacinywa);
3.2.1.4. Ukuba inqanaba lenu le-margin lisekwa ngaphantsi kwenqanaba lika-stop-out, iseva inokuvala isikhundla esinelahleko enkulu kunazo zonke;
3.2.1.5. Izikhundla ezivuliweyo zinganokuvalwa de inqanaba lenu le-margin liphakame ngaphezulu kwenqanaba lika-stop-out. Ngaphezu koko, kwizikhundla ezikhuselwe ngokupheleleyo (fully hedged positions), u-stop-out unganokwenziwa kwii-akhawunti ezinezikhundla ezivuliweyo, i-margin elinganto (izikhundla ezigutyungelweyo), kunye ne-equity engaphantsi kweqanda; okanye
3.2.1.6. Inqanaba lika-stop-out elimiselweyo elisebenzayo kwi-akhawunti yenu lipapashwe kwiwebhusayithi yethu. Nakuba kunjalo, sinokutshintsha, ngokwesigqibo sethu ngokupheleleyo, inqanaba lika-stop-out elimiselweyo kwi-akhawunti yenu yemali yokwenyani. Nawuphi na utshintsho kwinqanaba lika-stop-out lunokuqalisa ukusebenza ngoko nangoko, kwaye siya kuzama ngako konke okusemandleni ukubonelela ngenqanaba lika-stop-out elimiselweyo lamva kwiWebhusayithi yethu.
3.3. Indawo yokungena (entry spot) ye-CFD kwiZalathisi ze-Derived Indices ichazwa njenge-tick elandelayo emva kokuba iiseva zethu ziqhube isivumelwano.
3.4. Indawo yokuphuma (exit spot) ye-CFD kwezi zalathisi zilandelayo: Crash/Boom, Jump, DEX kunye neRange Break indices, ichazwa njenge-tick elandelayo emva kokuba iiseva zethu ziqhube isivumelwano. Kwezinye izalathisi, indawo yokuphuma ichazwa njenge-tick lamva elifumanekayo ngexesha iiseva zethu eziqhuba ngalo isivumelwano.
3.5. Luxanduva lwenu ukubeka esweni i-akhawunti yenu, kuquka nawuphi na utshintsho kwi-leverage okanye ukufumaneka kwezixhobo zorhwebo olupapashwe kwiplatform okanye kwiwebhusayithi, ukuze niqaphele malunga neelahleko zenu ezinokubakho, i-margin efunekayo, kunye nokuba isikhundla senu sisondela na kwinqanaba lika-stop-out, njengoko singayi kunazisa ukuba oku kwenzekile.
4. Impahla ye-virtual
4.1. Amaxabiso eempahla zasemoyeni (virtual assets) ezirhwetyenziswa kwiVirtual Asset Exchange amiselwa ngama-oda abekwe kwincwadi yama-oda yePlatform yethu, kungekhona ngamaxabiso amiselwe sithi. Imigaqo-nkqubo yethu yamaxabiso iyilelwe ukuthintela urhwebo olungenabulungisa kunye nokuqhwalelwa kwemarike. Ukurhweba ngeempahla zasemoyeni ngolu hlobo lwe-spot akusebenzisi i-leverage kwaye akubandakanyi i-margin, ukutshitshiswa (liquidation), ingxowa-mali yeinshorensi, okanye i-Auto-Deleveraging. Ezo nkqubo zisebenza kuphela kwiiFutures Contracts ngaphantsi kweCandelo 4.2.
4.2. Ukurhweba nge-leverage
4.2.1. Sinokunikezela, ngokwesigqibo sethu ngokupheleleyo, ngamandla okungena kwintengiselwano esekelwe kwi-leverage. Oku kuvumela ukuba nivule isikhundla esinexabiso lemarike elikhulu kunemali enifuneka niyifake njenge-margin.
4.2.2. Nina ngabanini-xanduva lokuqinisekisa ukuba i-akhawunti yenu inebhalansi eyaneleyo ukuhlangabezana needinga zoqala ze-margin, kunye nokubeka esweni rhoqo isimo se-margin sezikhundla zenu ezivulekileyo.
4.2.3. “Auto-Deleveraging” (ADL): Kwiimeko zemarike ezigqithisileyo, apho iinkqubo eziqhelekileyo zokuvalwa ngokunyanzelisiweyo (liquidation) kunye neengxowa-mali zeinshorensi zingonelanga ukumelana nokulahlekelwa kwemali kwisistim ngokubanzi okubangelwa zizikhundla eziwileyo (bankrupt), isixhobo se-Auto-Deleveraging siya kusebenza ngokuzenzekelayo ukucima ityala elingakhuselekileyo nge-hedge.
4.2.4. Sinamalungelo okugqibela wokumisela, ngokusesikweni sethu sodwa, isixa semali esabelwe kwingxowa-mali yeinshorensi esetyenziswa ngokunxulumene norhwebo lwenu lwee-Futures Contracts, kananjalo singalutshintsha olu xa kusenjalo rhoqo. Apho imbuyekezo yengxowa-mali yeinshorensi ingekhoyo okanye ingonelananga ukugquma ngokupheleleyo isikhundla esiwileyo (bankrupt), isikhundla siya kungeniswa kwisixhobo se-Auto-Deleveraging esichazwe ngezantsi.
4.2.5. Xa i-ADL ivuselelwa, izikhundla eziphambeneyo ezinenzuzo kule Platform zikhethwa ngokuzenzekelayo — ngokuqala ngezo zinepesenti enkulu yenzuzo kunye ne-leverage esebenzayo — kwaye zivalwe, ngokupheleleyo okanye inxalenye, ukucima ityala eliwileyo elingakhuselekileyo nge-hedge.
4.2.6. Nayiphi na isikhundla esichaphazelekayo yisiganeko se-ADL siya kuvalwa ngokuzenzekelayo ngexabiso lokuthatha-mandla (takeover price), elixabiso elibalwayo emva kokuba imbuyekezo yengxowa-mali yeinshorensi isetyenziswe kwisikhundla esifanelekileyo esiwileyo, elinganokwahluka kuxabiso lokuwa (bankruptcy price) lesikhundla eso. Ukwahlulahlulwa kwenzuzo okubangelwa kuvalwa kwe-ADL kuya kungeniswa ngqo kwi-akhawunti yenu, kwaye akukho zinye iimali ezihlawulwayo ezongezelelweyo zokuphunyezwa kwe-platform eziza kusetyenziswa kule ntsinga.
4.2.7. Abathengi abachaphazelekayo baya kufumana isaziso sombane ngokukhawuleza (nge-imeyile okanye nge-Platform) sayiphi na ukunciphiswa ngokuzenzekelayo kwezikhundla zabo okubangelwa yi-ADL. Niyavuma kwaye niyavumelana ukuba iziganeko ze-ADL ngumsebenzi wolawulo lomngcipheko ngokuzenzekelayo, kwaye asinaxanduva ngayiphi na inzuzo yexesha elizayo esenzeka iphulukene okanye amathuba emarike alahlekileyo abangelwa kuphunyezwa kwe-ADL.
4.2.8. Imiqathango elandelayo iyasebenza xa isikhundla senu sivalwa ngokunyanzelisiweyo:
4.2.8.1. Ukuvalwa ngokunyanzelisiweyo kwesikhundla senu kuya kubangela ukufezekiswa kokulahlekelwa kwenu;
4.2.8.2. Imali ehlawulwayo yokucoca kokuvalwa ngokunyanzelisiweyo, ebalwa ngokusekelwe kuxabiso elimiselweyo (notional value) lesikhundla esivaliweyo, inganongezwa kwi-akhawunti yenu. Isixa esisebenzayo sipapashiwe kwiwebhusayithi yethu;
4.2.8.3. Ingxowa-mali yeinshorensi kunye nesixhobo se-Auto-Deleveraging ekuchazwe ngazo kwiziqendu 4.2.3 ukuya ku-4.2.7 zisebenza kunye ukunqanda ukulahlekelwa kwisikhundla senu kungagqithi i-margin eniyabele kuso;
4.2.8.4. Kwiimeko zemarike ezigqithisileyo, ezifana nokunqongophala okukhulu kwe-liquidity okunqanda isixhobo se-Auto-Deleveraging ekudibaniseni izikhundla eziphambeneyo ezaneleyo, olu khuselo lusenokungabikho, kwaye ukulahlekelwa kwenu kunganogqitha i-margin eyabelweyo kweso sikhundla;
4.2.8.5. Ngaphantsi kweCandelo 9 le General Terms, ilahleko yenu ephakamileyo kwisikhundla ngasinye esinye esinamandla e-leverage ikhawulelwe kuphela kwimarjini enabele kuso; kananjalo
4.2.8.6. Apho nirhweba phantsi kwe-cross margin ninezikhundla ezininzi ezivulekileyo, isikhundla ngasinye singanokubonisa ukusweleka kwexeshana ngexesha lochungechunge lokuvalwa ukuba isikhundla esilahlekisayo sivalwe ngaphambi kwesikhundla esinenzuzo esilungelelanisayo. Oku kusweleka kuya kusonjululwa nje ukuba isikhundla esinenzuzo sivalwe, ngokunikwa ukuba i-equity yonke ye-akhawunti yenu ihlala ikwinqanaba elilungileyo (positive).
4.2.9. Niqinisekisa ukuba niyifundile kananjalo niyiqondile imingcipheko ethe ngqo enxulumene norhwebo olunamandla e-leverage, kuquka ne-ADL, njengoko icacisiwe kuCandelo 3.10, Isityhilelo soMngcipheko.
4.2.10. Ii-Futures Contracts ezikwiiasethi ze-virtual zixhomekeke kwizinga lenkxaso-mali (funding rate), elihlawulwayo okanye elinikwayo rhoqo kwiiyure esibhozo (8), ngokuxhomekeke kwiimeko zemarike nokuba isikhundla senu silixesha elide (long) okanye elimfutshane (short). Intlawulo zenkxaso-mali zinganobangela ukunongezwa, okanye ukunikwa kwemali, kwi-akhawunti yenu kwaye azimiselwa thina.
4.2.11. Isikhundla senu se-Futures Contract esikwiiasethi ze-virtual siya kuvalwa ngokunyanzelisiweyo ngokuzenzekelayo xa inqanaba le-margin yenu lifikelela kwi-100%.
5. Ulawulo lwe-akhawunti
5.1. Xa nivula kwaye nivale urhwebo lwe-CFD, umahluko phakathi kwamaxabiso e-bid kunye ne-ask (abaziwa ngokuba “yi-Spread”) uyinxalenye yexabiso lemarike elicatshuliweyo. I-Spread inganokubanzi kakhulu kwezinye iimeko.
5.2. Onke amaxabiso ezixhobo zemali ezicatshulweyo kwii-platform zethu zorhwebo zivela kwimithombo ye-liquidity ekhoyo kwimarike, ngoko ke abonwa njengamaxabiso angarhwebelwa. Nasiphi na isohlwayo (slippage) (umahluko phakathi kwexabiso lomyalelo kunye nexabiso lophunyezwa xa imiyalelo igqitywa) kuxabiso elibonisiweyo ngexesha lophunyezwa komyalelo, kuthathelwa ingqalelo njengotshintsho kumaxabiso asisiseko kwimarike. I-slippage inganyuka kakhulu ngamaxesha e-rollover yemihla ngemihla yebhanki. Ngokuvuma kweSivumelwano, niyavuma ukuba asinikezeli naziphi na amaxabiso angenamsebenzi (frivolous).
5.3. Nasiphi na isikhundla se-CFD esishiywe sivulekile emva kwe-21:59 GMT (20:59 GMT ngexesha le-daylight saving) sibalwa njengesasebusuku (overnight). Ukuba nigcina nasiphi na izikhundla zorhwebo lwe-CFD zivulekile ebusuku, ulungelelaniso lwenzala (okanye izinga le-swap) luya kwenziwa kwi-akhawunti yenu yorhwebo ukubonisa iimeko zenkxaso-mali yemarike ezisebenzayo. Oku kusetyenziswa kwi-akhawunti yenu yorhwebo imihla ngemihla kwaye kungaba lulungelelaniso oluhle okanye olungendawo. Kusekelwe kumazinga amatyala phakathi kwebhanki (interbank lending rates) (apho kusebenza) kunye notshintsho lweemeko zemarike kwaye kuthathela ingqalelo oku kulandelayo:
5.3.1. Ukuba nigcina isikhundla sivulekile kudlula ixesha lokubala i-swap, niya kuxhonyelwa izinga eliqhelekileyo le-swap.
5.3.2. Kwezithile izixhobo, ekubeni kuthatha iintsuku ezimbini (2) ukuba intsinga zihlawulwe ngokupheleleyo, izikhundla ezisagcine zivulekile ngeentsuku zokuqhuba umsebenzi ngexesha lokubala i-swap ziya kulungelelaniswa ngamaphindaphinda amathathu (3) ezinga le-swap ukubalisela iimpelaveki — oku kungumkhwa oqhelekileyo kubo bonke oonxibelelanisi bemali (brokers).
5.3.3. Iqhesha lethu le-swap kananjalo linokulungiswa ukuze kuqwalaselwe iintsuku zoholide zikazwelonke kuyo nayiphi na ingingqi yomthetho.
5.4. Ulungiso lwenzala alusebenzi kwii-akhawunti ezingena-swap xa kubanjiwe izikhundla ubusuku bonke.
5.5. Ii-akhawunti ezingena-swap ziyilelwe ukuhlonipha imigaqo ethintela umkhwa wokuhlawula okanye ukwamkela inzala, uluvo oluvisisana nemigaqo yokuziphatha kwezemali egcinwa luluntu lwamaSilamsi.
5.6. Nangona abanini-akhawunti ezingena-swap bengafakwa phantsi kolungiso lwenzala xa bebambe izikhundla ubusuku bonke, i-Deriv izigcinela ilungelo lokwenza ulungiso kwi-akhawunti yenu kuzo naziphi na izikhundla kwiindululi ezithatyathelwe kwimveliso ezithe zahlala zivuliwe ngaphezu kweentsuku ezintlanu (5). Kwiindululi zezemali, eli xesha liya kuba ziintsuku ezilishumi elinantlanu (15).
5.7. Siyazigcinela ilungelo lokususa nayiphi na indululi kwiinkonzo ze-akhawunti engena-swap emva kokunika abathengi isaziso seeveki ezimbini sokuvala naziphi na izikhundla ezivuliweyo kwezo indululi.
5.8. Siyazigcinela ilungelo lokutshintshela urhwebo kwimo yokuvala-kuphela kwinxalenye okanye kuzo zonke iinkonzo ze-akhawunti engena-swap emva kokunika abathengi isaziso seeveki ezimbini.
5.9. Ii-akhawunti ezingena-swap kufuneka zisetyenziswe ngokunyaniseka. Akufuneki nisebenzise i-akhawunti engena-swap ukuze nizuze kwi-swap arbitrage. Ukuba sifumanisa ukuba i-akhawunti engena-swap iyaxhatshazwa ngendlela yobuqhophololo, i-cash-back arbitrage, ukuqhathwa, okanye olunye uhlobo lomsebenzi wobuqhophololo okanye wokukhohlisa, siyazigcinela ilungelo lokurhoxisa amalungelo omthengi e-akhawunti engena-swap okanye nokuvala i-akhawunti yakhe.
6. Umsebenzi worhwebo ongaqhelekileyo kunye nokusetyenziswa gwenxa kwezixhobo
6.1. Niyavuma ukuba iiNkonzo zethu zisifuna ukuba sicubungule izicelo zorhwebo ezininzi, ezisebenzisa umthamo wenkqubo yethu kwaye zisifuna ukuba sihlale silawula kwaye siandise ulwakhiwo lwethu ukuqinisekisa ukuthembeka kunye nokusebenza kwalo.
6.2. Ukuba sigqiba, ngokuzikhethela kwethu ngokupheleleyo, ukuba nibandakanyeka kwimisebenzi egqitha ukunyamezela kwethu okwakhelweyo ngaphakathi kwaye niphambuka kwimilinganiselo esiyigqibayo ukuba ingumsebenzi worhwebo oqhelekileyo, kuquka ukusasaza kwakhona i-feed ye-Deriv, ukusebenzisa ngokugqithiseleyo izixhobo zenkqubo yethu, okanye ukuzama ngobubi ukuphazamisa ukusebenza okuqhelekileyo kweenkqubo zethu ngokusebenzisa izicelo okanye ithrafikhi egqithiseleyo, siyazigcinela ilungelo lokuba:
6.2.1. Sinqumamise okanye siphelise ukukwazi kwenu ukurhweba kuyo nayiphi na kwii-akhawunti zenu zorhwebo, nokuba kukho isaziso sangaphambili okanye kungekho;
6.2.2. Ukuvala idilesi yenu ye-IP;
6.2.3. Ukuphelisa okanye ukuwisa unxibelelwano lwenu;
6.2.4. Siguqule naluphi na urhwebo oluchaphazelwe ngumsebenzi worhwebo ongaqhelekanga okanye obonisa ukuxhatshazwa kweenkqubo zethu;
6.2.5. Ukuphucula naziphina izikhundla ezivulekileyo;
6.2.6. Sivale ngokusisigxina nayiphi na kwii-akhawunti zenu zorhwebo, nokuba kukho isaziso sangaphambili okanye kungekho; kwaye/okanye
6.2.7. Sirhoxise naziphi na iimali ezinxulumene nayiphi na kwii-akhawunti zenu zorhwebo, nokuba kukho isaziso sangaphambili okanye kungekho.
Ukuba sifumanisa ukuba nibandakanyekile kwimisebenzi esiyigqibayo ukuba ngumsebenzi worhwebo ongaqhelekanga okanye kukuxhatshazwa kwezixhobo zethu, siyazigcinela ilungelo lokubuyisela naziphi na iindleko eziye zavela ngenxa yaloo ndlela yokuziphatha.
7. I-Expert Advisor
7.1. I-Expert Advisor yinkqubo esebenza nge-trading terminal enokubeka esweni ngokuzenzekelayo nokuqhuba urhwebo ngaphandle kokubandakanyeka ngqo komrhwebi (“I-Expert Advisor”). Ngokuxhomekeke kwiimeko zemarike i-Expert Advisor eyifakelwe ukuba iyilandelele, ezinye iinto ziya kuvula izilumkiso, izaziso, kwanezenzo zorhwebo xa kufakwe i-Expert Advisor. Ii-Expert Advisor zifakwa ngolwimi lwenkqubo i-MetaQuotes Language 5 (MQL5) ukuze zisebenze ne-Deriv MT5. Ii-Expert Advisor zisebenza kuphela kwi-trading terminal yekhompyutha kwaye azisayi kusebenza kwiinguqulelo zeselula okanye zewebhu ze-terminal.
7.2. Ii-Expert Advisor zinokufakelwa ukuze:
7.2.1. Zifumane izilumkiso zethuba elinokubakho lokurhweba;
7.2.2. Ukwenziwa ngokuzenzekelayo kweentsebenzwana;
7.2.3. Zilungise ngokuzenzekelayo amanqanaba e-Take Profit kunye ne-Stop Loss; kwaye/okanye
7.2.4. Ii-Trailing stops.
7.3. I-Expert Advisor inokwenza urhwebo ngokuzenzekelayo, kodwa kungcono ukuqonda iindlela zayo zokusebenza ngaphambi kokuyisebenzisa. Siyanibongoza ukuba nisebenzise ukunyamekela okufanelekileyo xa nifakela kwaye nisebenzisa i-Expert Advisor kwaye niyivavanye kuqala kwi-akhawunti ye-demo. Nceda niqaphele ukuba iziphumo zorhwebo zokwenyani zisenokungafani neziphumo ezilungisiweyo okanye ezivavanywe ngokwemvelaphi.
7.4. Yonke isoftwere imele isetyenziswe ngomngcipheko wenu. Asiyi kuba noxanduva kwizilahleko zemali ezivela kusetyenziso lwesoftwere yabathathu kwiiPlatform zethu. Nina kuphela ninoxanduva, kwaye asivumi naluphi uxanduva, ngokuphathelele kungqinelani okuba khona okanye iziphumo eziphathelele kusetyenziso lwenu lwee-Expert Advisors, kuquka nayiphi na ukuvulwa okanye ukuvalwa kweendawo zorhwebo ezingalindelekileyo eziqaliswayo zii-Expert Advisors, nokuba kuphathelele kwimpazamo yenkqubo okanye kungenjalo.
7.5. Asiyenzi isoftwere yorhwebo ezenzekelayo okanye ii-Expert Advisors ezifumaneka ukuba zikhutshelwe luluntu kwi-MT5; ziphuhliswa kwaye zixhaswa ngabathathu bodwa. Asifumani naluhlobo lwenzuzo yemali okanye nayiphi enye inzuzo ngokuvumela ukusetyenziswa kwee-Expert Advisors. Sithatha isimo esingenakucaleli kusetyenziso lwenu lwee-Expert Advisors.
8. Ukurhweba ngokukopa
8.1. Singanikezela ngokurhweba kokucofa (copy trading) njengomsebenzi kwiiPlatform. Xa nicofa isicwangciso okanye umqondiso wokurhweba, nicofa ukusebenza korhwebo komrhwebi lowo (umboneleli-sicwangciso). Niyavuma ukuba asithathi nkxaso kwaluphi uhlobo kwizigqibo zorhwebo ezenziwa ngumthathi-nxaxheba wesithathu osicwangciso okanye umqondiso wakhe nikhethe ukuwufuza okanye ukuwucofa. Qinisekisani ukuba niyafunda kwaye niyayiqonda imigaqo-nkqubo yomboneleli-sicwangciso ngaphambi kokungena kwinxibelelwano nganye.
8.2. Singanikezela ulwazi olufana nolwazi lwe-akhawunti, imbali yokurhweba, iprofayile yomngcipheko, kunye neenkcukacha ezinxulumeneyo ukuncedisa ukuba nihlole, nivavanye, kwaye nikhethe isicwangciso senu sorhwebo xa nithabatha inxaxheba kurhwebo lokucofa. Noko ke, isigqibo sokungena kurhwebo lokucofa ngenu nodwa, kwaye ngaphambi kokucofa isicwangciso, kufuneka niqwalasele ngononophelo iinqwelo ngeenqwelo kunye nezinto ezahlukeneyo, kuquka umngcipheko oquka kunye neenjongo zenu zotyalo-mali.
8.3. Nisigunyazisa ukwenza zonke iinxibelelwano kunye neendawo zorhwebo ezinxulumene nomrhwebi, i-akhawunti, iportfolyo, okanye isicwangciso enikhetha ukucofa. Oku kuquka izenzo ezifana nokucofa urhwebo, ukumisa ukucofa urhwebo, ukunqumama kokucofa urhwebo, kunye nokubeka imida kuyiphi na indawo (kuquka indawo ecofiweyo). Ezi zenzo zenziwa ngokuzenzekelayo kwakuba niziqalisile kwaye azifuni mcebiso wangaphambili, imvume, okanye ukuvunywa ngomsebenzi oqhubekayo okanye urhwebo olucofiweyo. Niyavuma ukuba ninako, nangaliphi na ixesha kwaye ngokuzimisela kwenu, ukumisa, ukunqumama, ukunciphisa, kunye/okanye ukubeka imida kumsebenzi wonke worhwebo wokucofa eniwenza ngeewebhusayithi kunye needashboard zethu. Nina kuphela ninoxanduva lokubeka esweni ngokuqhubekayo, ukukhetha, kunye nokuvavanya oku kulandelayo:
8.3.1. Ukufaneleka kwee-akhawunti ezicofiweyo; kunye
8.3.2. Indlela ekusebenza ngayo iyonke komrhwebi, i-akhawunti, iportfolyo, kunye/okanye isicwangciso esicofiweyo.
8.4. Xa ningena kurhwebo lokucofa kunye nomboneleli-sicwangciso, ninikezela ngezi mvume zilandelayo:
8.4.1. Ukucofa okanye ukumisa ukucofa nawuphi umrhwebi, i-akhawunti, iportfolyo, okanye isicwangciso ngokuzimisela kwethu kuphela;
8.4.2. Ukuvula kunye/okanye ukuvala indawo kuyiphi na i-CFD efumanekayo kwiiWebhusayithi, izicelo, okanye iiPlatform zethu ukubeka imida kuyiphi na indawo (kuquka indawo ecofiweyo) ngokuzimisela kwethu kuphela;
8.4.3. Ukutshintsha kunye/okanye ukulungisa umgaqo-nkqubo, iinjongo, isakhiwo, kunye/okanye isakhelo seportfolyo yakwa-Deriv nganye ngokuzimisela kwethu kuphela, nokuba kukho okanye akukho isaziso sangaphambili kubacofi; okanye
8.4.4. Ukuvala nayiphi na i-akhawunti enjalo, iportfolyo, okanye isicwangciso ngokuzimisela kwethu kuphela, nokuba kukho okanye akukho isaziso sangaphambili kubacofi.
8.5. Siya kwenza iinzame ezifanelekileyo ukubeka esweni ukusebenza komrhwebi, i-akhawunti, iportfolyo, okanye isicwangciso esicofiweyo ngokusekelwe kwimiqathango esiyimiselileyo. Le miqathango inganquka ukuziphatha ngokubhekiselele kumngcipheko, ukuba nenzuzo, ukuncipha kwevelu (drawdown), kunye nezinye izinto ezinxulumeneyo esizibona zibalulekile. Sizigcinela ilungelo lokunqumamisa okanye lokuthintela ukucofwa kwawuphi umrhwebi, i-akhawunti, iportfolyo, okanye isicwangciso. Ukongezelela kwimvume ekhankanywe ngentla, sizigcinela ilungelo elipheleleyo lokunqumamisa, ukumisa, okanye ukuvimba nawuphi umrhwebi, i-akhawunti, iportfolyo, okanye isicwangciso ukuba acofwe.
8.6. Kude kube kubanzi okuvunyelwe ngumthetho osebenzayo, asizi kuba noxanduva, kwaye nakuphi na kwabo sinamanxulumano okanye abalingane bethu abayi kuba noxanduva, kokulandelayo:
8.6.1. Nasiphi na ilahleko ebangelwa kukulandela imiyalelo yenu ebhaliweyo okanye ethethwayo;
8.6.2. Nasiphi na ilahleko ebangelwa zizigqibo ezenziweyo okanye izenzo ezithathwayo yi-akhawunti enikhethe ukuyicofa, kuquka iiportfolyo zakwa-Deriv;
8.6.3. Nasiphi na ilahleko evela kuzigqibo zotyalo-mali ezenziweyo okanye izenzo ezithathiweyo okanye ezingenziwanga ngenjongo entle nguyiphi na i-akhawunti ecofiweyo, isicwangciso, kunye/okanye iportfolyo, kuquka iiportfolyo zakwa-Deriv.
Le migaqo ayincami kwaye ayinciphisi nawaphi na amalungelo eninawo ngokomthetho osebenzayo angenakuncanywa okanye anganciphiswa.
8.7. Niyavuma ukuba asinikezeli naziphi na iziqinisekiso okanye asenzi naziphi na izithembiso ngokuphathelele ukusebenza okanye nawaphi na amanye amacala ezicwangciso kunye neemiqondiso zorhwebo enikhetha ukuzifuza okanye ukuzicofa. Niqonda kwaye niyavuma ukuba anizizizo iziseko zokwenza naziphi na izibango ngokuchasene nathi ngenxa yezenzo okanye ukushiywa kwezinto ngumboneleli-sicwangciso okanye nawaphi na amanye amacala anxulumene, nokuba zenziwe ngengenasiphoso, ngobudenge, okanye ngenkohliso, ngokuphathelele kuthi.
8.8. Iziphumo zorhwebo kunye nemiqondiso yezicwangciso zinganahluka, kwaye akukho sqinisekiso sokuba niya kufumana inzuzo okanye nifumane ilahleko efana naleyo ebonisiweyo ngumsebenzi wokucofa. Iziphumo zembali ezinikeziweyo zinganaba okanye zingabi zavavanywa ukuchana. Asinakuqinisekisa inzuzo, kwaye asinakuqinisekisa ubungakanani okanye umda waziphi na ilahleko. Ngokukhetha ukufuza isicwangciso okanye umqondiso wokurhweba othile, niqonda kwaye niyavuma ukuba kukho amathuba okufumana ilahleko yemali, kuquka ilahleko yemali yenu yonke etyalwe.
8.9. Abanikezeli-zicwangciso besithathu (third-party strategy providers) basenokuba nemiqathango yabo eqwalaselwa, equka amalungiselelo entlawulo esekelwe kwindlela umsebenzi oqhuba ngayo (performance-based) kunye noo-copier babo. Lixanduva lenu lodwa ukuqonda imiqathango nawo nawuphi na amalungiselelo entlawulo omnikezeli-zicwangciso enikhetha ukumkopa.
9. Ukwenziwa kwee-oda
9.1. Xa sigqibezela ii-oda, sihlala sisebenza njenge-principal kwintengiselwano nani. Ngokugqibezela ii-oda zenu, sinoxanduva lokuninika ugqibezeliso olungcono kakhulu (best execution). Ugqibezeliso olungcono kakhulu lithetha ukuba kufuneka sithathe amanyathelo asengqiqweni ukuze sifumane isiphumo esingcono kakhulu ngani xa sigqibezela i-oda yenu ngokwemiyalelo yenu. Siya kuzama ukulandela imiyalelo yenu ngokungangqinelana nokusengqiqweni, sisenza ngokuvisisana noxanduva lwethu lwegqibezeliso olungcono kakhulu. Le miyalelo ithile iquka oku kulandelayo:
9.1.1. Ixabiso elo i-oda yenu iya kugqitywa ngalo; kunye
9.1.2. Ixesha okanye ubude becontract njengoko lichazwa yimiyalelo yenu yokugqibezela i-oda.
Sihlala sithobela iimfuno zethu zogqibezeliso olungcono kakhulu kwaye sisebenza ngendlela elungele uzuzo lwenu; nangona kunjalo, ngamanye amaxesha, imiyalelo yenu ethile inokusithintela ekufikeleleni kwisiphumo esingcono kakhulu.
9.2. Uqinisekiso lorhwebo lwenzeka ngexesha langempela: nisakuba nicofe u-“Buy” okanye u-“Sell”, urhwebo lwenu luyaqinisekiswa.
9.3. Emva kokugqitywa kwayo nayiphi na intengiselwano kwiakhawunti yenu, siya kuninika uqinisekiso. Olu qinisekiso luya kufumaneka kuni nge-akhawunti statement okanye imbali yentengiselwano (transaction history) kwiPlatform, kwaye luya kuquka iinkcukacha ezifanelekileyo ezifana nokuchongwa kwentengiselwano, isixhobo okanye ubuncwane obuthengiswayo (kuquka, apho kufanelekileyo, uhlobo kunye nobuninzi beasethi yobuxhakaxhaka), ixabiso okanye izinga, kunye nexabiso lonke lentengiselwano.
9.4. Siya kusebenza ngokweyiphi na imiyalelo eniyinikezelayo, okanye ebonakala ngathi niyanikezela, ngokubhekisele kwiinkonzo zorhwebo lwe-margin ezinikezelwa nge-Platforms. Nangona kunjalo, asinaxanduva lokwenza ngokweyiphi na imiyalelo esiyinikezelwayo, kwaye asinaxanduva lokuninika naziphi na izizathu zokungenzi njalo. Imiyalelo eniyinikezela kuthi ithathwa njengegqityiweyo, kwaye aninako ukuyirhoxisa. Lixanduva lenu ukuqinisekisa ukuba imiyalelo eniyinikezelayo ichanekile kwaye ibonisa izigqibo zenu zorhwebo.
9.5. Umgaqo-nkqubo wethu wokugqitywa kwee-oda uquka uluhlu lweenkqubo eziyilelwe ukufumana isiphumo esingcono kakhulu sokugqibezela ngani. Ukwenza oku, siqwalasela ezi zinto zilandelayo:
9.5.1. Ixabiso kunye nemiqathango yokugqitywa: Ixabiso i-oda yenu egqitywa ngalo kunye nemiqathango yokugqitywa, ezibandakanya ikakhulu ii-spread, ziyaqwalaselwa.
9.5.2. Isantya: Ngenxa yendlela yoshishino lwethu lwe-onlayini, kukho ukulibaziseka okuncinci phakathi kokungena kwe-oda nokugqitywa kwale oda inye kwiseva. Nakuphi na ukulibaziseka okubalulekileyo kunokuba nefuthe elibi kuni; ngoko ke sibeka esweni ukulibaziseka (latency) phakathi kwexesha i-oda yenu engena ngalo kunye nokugqitywa kwayo.
9.5.3. Amathuba okugqitywa: Sizama ukuqinisekisa ukuba zonke ii-oda ezibekiweyo ziyagqitywa; nangona kunjalo, oku akuhlali kunokwenzeka ngenxa yobunzima obubalulekileyo okanye iimeko ezingaqhelekanga. Nanini na xa sisazi ngobunzima obuthile obubalulekileyo malunga nokugqitywa okufanelekileyo kwe-oda, siya kunazisa ngalo mba msinya ngokusengqiqweni.
9.5.4. Amathuba okuhlawulwa: Xa iimarike zisebenza ngokuguquguqukayo, iPlatform yethu iqhuba kubasebenzisi be-onlayini abaninzi ngaxeshanye, amanani aphezulu eeoda zabaxumi, kunye nenani eliphezulu lee-tick zamaxabiso ezingeniswayo. Njengenxalenye yomgaqo-nkqubo wethu wogqibezeliso olungcono kakhulu, sizama ukuqinisekisa ukuba iplatform yethu iqhuba kakuhle phantsi kweemeko ezingazinzanga ezinjalo, kwaye sithatha onke amanyathelo asengqiqweni ukukhusela ukuqhubeka kunye nokusebenza ngokufanelekileyo kweenkonzo zethu.
9.5.5. Ubungakanani kunye noluhlobo lwe-oda: Siqwalasela ubungakanani kunye noluhlobo lwe-oda yenu, kuba oku kunokuchaphazela ixabiso, isantya, kunye namathuba okugqitywa nokuhlawulwa.
9.5.6. Iindlela zokugqitywa kwee-oda: Ninokubeka ii-oda zokugqitywa nathi nisebenzisa ezi ndlela zilandelayo:
9.5.6.1. Ukugqitywa kweMarike (Market Execution): Nibeka i-oda ye-“Market Execution”, kwaye igqitywa ngexabiso lokuqala/elingcono likhoyo, okanye i-oda iya kwaliwa ukuba akukho xabiso likhoyo. I-oda igcwaliswa ngesixa esipheleleyo kodwa inokugcwaliswa ngexabiso elingcono okanye elibi ngaphezu kwexabiso enilicelileyo. Ninokuguqula i-oda ye-“Market Execution” ukuze ninamathisele ixabiso le-“Stop Loss” kunye/okanye i-“Take Profit”.
9.5.6.2. I-Oda Elilindileyo (Pending Order): Ninokubeka “i-Pending Order”, eya kugqitywa kwixesha elizayo ngexabiso enilichazileyo. Xa ixabiso lifikelela kwinqanaba enilichazileyo, i-Pending Order iya ngokuzenzekelayo iba yi-oda ye-“Market Execution”.
9.6. Kwimisebenzi yorhwebo ethile, kusenokungabikho marike okanye yenkqukacha (exchange) esebenzayo okanye evulekileyo apho imveliso ekhankanyiweyo irhwetyelwa khona ngexesha lomyalelo wenu. Kwiimeko ezinjalo, sizama ukumisela ixabiso elifanelekileyo elisisiseko ngokusekelwe kwiimeko ezahlukeneyo, ezinjengokushukuma kwamaxabiso kwiimarike ezidibeneyo, ezinye iimpembelelo zemarike, kunye nolwazi ngomyalelo wenu.
9.7. Isithembiso sethu sokuninika ukuphunyezwa okungcono akuthethi ukuba sinoxanduva lwe-fiduciary phezu kweemfuneko ezichaziweyo zolawulo ezibekwe kuthi okanye njengoko kunokuvunyelwana ngako phakathi kwenu nathi ngesinye isivumelwano.
9.8. Siya kubeka esweni rhoqo ubungakanani besiseko somgaqo-nkqubo wethu wokuphunyezwa kwemiyalelo. Ngamaxesha athile, siya kuhlola iindawo eziyimbonakalo yoxabiso lwethu lorhwebo, yaye ukuba sibona ukuba ukuphunyezwa okungcono akufumaneki rhoqo, singatshintsha amalungiselelo ethu okuphunyezwa.
