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yli26 edited this page Apr 27, 2018 · 7 revisions

Welcome to the Loyola-Virtual-Exchange wiki!

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Loyola Virtual Exchange

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Mission Statement

Welcome to the Loyola Virtual Exchange.

An open source trading simulator that uses the FIX Protocol that allows users to trade Virtual Currency products on the Loyola Exchange. It will also provide the ability to test market strategies.

How it works

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Loyola Virtual Currency Products:

Virtual Currency Futures:

Name:			        Symbol	    Contract	Expires	        Price	Change
Loyola Rambler Futures	        LRF         MAY 2018	DEC 2018	0.10	+0.0000000

Name:			        Symbol	    Contract	Expires	        Price	Change
Loyola micro-Rambler Futures	MRF         MAY 2018	DEC 2018	0.01	+0.0000000

(LRF) Contract Specs:

Minimum Price Fluctuation:	Outrights: .0025 USD per LRF increments ($0.05 USD).

In other words: 
A 1 lot (or 1 quantity) Loyola Rambler Futures Contract = 0.05 cents up or down. 

For example: 

Long(Buy):
If the price goes up .0025 from .10 the quote from LRF will be .1025. 
At this point you can close at .1025 and make a 0.05 cent profit.
Likewise if the price goes down .0025 from .10 the quote from LRF will be .0975. 
At this point you can close at .0975 to make a 0.05 cent loss.

Short(Sell):
If the price goes down .0025 from .10 the quote from LRF will be .0975. 
At this point you can close at .0975 to make a 0.05 cent gain.
Likewise if the price goes up .0025 from .10 the quote from LRF will be .1025. 
At this point you can close at .1025 and make a 0.05 cent loss.

(MRF) Contract Specs:

Minimum Price Fluctuation:	Outrights: .00025 USD per MRF increments ($0.01 USD).

In other words: 
A 1 lot (or 1 quantity) Loyola micro-Rambler Futures Contract = 0.01 cent up or down. 

For example: 

Long(Buy):
If the price goes up .00025 from .01 the quote from LRF will be .01025. 
At this point you can close at .01025 and make a 0.01 cent profit.
Likewise if the price goes down .00025 from .01 the quote from LRF will be .00975. 
At this point you can close at .00975 to make a 0.01 cent loss.

Short(Sell):
If the price goes down .0025 from .01 the quote from LRF will be .00975. 
At this point you can close at .00975 to make a 0.01 cent gain.
Likewise if the price goes up .0025 from .01 the quote from LRF will be .01025. 
At this point you can close at .01025 and make a 0.01 cent loss.

TO DO

  • Configuration
  • Dependencies
  • Database configuration
  • How to run tests
  • Deployment instructions
  • Image Placeholder

Features List:

  • Provides live updates of financial exchange information.
  • Integrate the Financial Information Exchange Application Programming Interface to:
  • Provides simulation of message/order routing.
  • Provide string responses for financial exchange quotes for clients to trade based on.

Development

  • Writing tests
  • Code review
  • Other guidelines
  • Link to Contribution.MD

GPL v3.0 License

Link to GNU General Public License