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Commodity trading and delivery system and method with delayed delivery compensation function

A technology for trading and goods, which is applied in the delivery system and field of goods transactions with the function of compensation for delayed delivery, can solve the problems of cost loss and unsatisfaction, and achieve the effect of reducing transaction costs, flexible delivery of goods, and promoting transactions

Inactive Publication Date: 2011-06-01
阎东升
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

However, the delivery needs of buyers and sellers are often not exactly equal, and the delivery needs of the party with the largest number of applications cannot be met.
However, in the process of preparing for physical delivery, these traders have paid the cost of stocking or reserve funds. If the delivery demand cannot be met at this time, it means that these costs are lost in vain.
In order to maintain the fairness of the transaction, it is necessary to compensate for the loss of stock and reserve funds of traders whose delivery requirements are not met

Method used

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  • Commodity trading and delivery system and method with delayed delivery compensation function
  • Commodity trading and delivery system and method with delayed delivery compensation function
  • Commodity trading and delivery system and method with delayed delivery compensation function

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0022] Assume that Party A and Party B participate in a spot trading market where a large number of traders are trading. Among them, Party A is one of the buyers, and Party B is one of the sellers. The type of transaction is hot-rolled coil, and the transaction code is BRC. The defined fee rate for delayed delivery compensation is 1‰; Party A holds a 1,000-ton buy contract, and Party B holds a 1,000-ton sell contract;

[0023] For the convenience of calculation, we assume that the transaction volume of the hot-rolled coil market on that day is 10,000 tons; assuming that only Party A and Party B have the actual delivery demand, Party A actually wants to buy 400 tons of hot-rolled coil on the day; Party B wants to sell the actual demand on the day 600 tons of hot rolled coil. Therefore, Party A enters the transaction type BRC and the transaction quantity is 400 tons to the delivery matching unit through the transaction client to buy demand, and Party B enters the transaction ty...

Embodiment 2

[0034] Other conditions are the same as in Example 1, except for the calculation method of the compensation. In this example, the compensation is shared by all buyers and sellers who have not submitted delivery declarations (needs for delayed delivery).

[0035] Party A pays compensation fee = 840 / 19000*600 = 26.5 yuan.

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Abstract

The invention relates to a special data processing system and method for commercial and financial purposes, and further relates to a commodity trading and delivery system and method with a delayed delivery compensation function. The system comprises a trading client, a delivery matching unit and a delayed delivery compensation calculation unit. The trading method comprises the following steps: firstly, a trader applying for a delivery inputs delivery information by means of the trading client; then, the delivery matching unit pairs both delivery parties according to the time priority principle; and the delayed delivery compensation calculation unit calculates the compensation amount according to the pairing conditions. After the introduction of the delayed compensation system and method, both the spirit of contracting in market trading and the spirit of respecting market disciplines are reflected. Besides, the invention greatly lowers the trading cost and promotes the prosperity of the market.

Description

technical field [0001] The present invention relates to a data processing system and method specially suitable for commercial and financial purposes; further relates to a goods transaction delivery system and method with a delayed delivery compensation function. Background technique [0002] With the continuous acceleration of China's economic construction, China has always maintained its status as a major commodity consumer in the world. The spot market plays a fundamental role in supporting the construction of the national economy and improving social production efficiency. Spot continuous trading is an innovative spot trading method, which is a more fair, just and open trading method established in the spot market, which improves the efficiency of spot trading and reduces the cost of spot trading. [0003] In spot or futures trading, there are many traders participating in the transaction. Each trader needs physical delivery at different times, and the time of holding th...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q30/00G06Q40/00G06Q40/04
CPCG06Q30/04G06Q10/083
Inventor 阎东升
Owner 阎东升
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