Trading Policies
1. General Trading Rules
All trading activities must be conducted in accordance with the platform’s core values of transparency, security, and fairness. Traders are expected to:
- Use accurate and truthful information when creating accounts and conducting transactions.
- Follow the principles of responsible trading by avoiding excessive risk and speculative behaviors.
- Ensure that all trading activity adheres to the guidelines set forth by the platform and relevant regulatory bodies.
The platform reserves the right to investigate and address any suspected violations of these rules.
2. Order Placement and Execution
Placing Orders
Traders can place orders in the Buy/Sell Orbita Notes Page, choosing from:
- Market Orders: Executed immediately at the best available price.
- Limit Orders: Executed only when the market reaches the specified price.
- Stop-Loss Orders: Automatically executed to limit potential losses if the price drops to a predefined level.
Order Execution
Orders are executed based on a price-time priority system, ensuring fairness and efficiency. The platform guarantees that every executed order is fully transparent, with transaction details available in real-time on the Order Book.
3. Market Conduct and Prohibited Activities
To maintain the integrity of the marketplace, traders must avoid the following prohibited activities:
- Market Manipulation: Artificially influencing prices by creating misleading market conditions.
- Insider Trading: Using non-public information to gain an unfair advantage.
- Wash Trading: Executing trades with oneself or between colluding parties to create false trading volume.
- Spoofing: Placing fake orders to manipulate market sentiment.
Violations may result in account suspension, termination, or legal action as deemed necessary by the platform.
4. Price Transparency
The platform is committed to price transparency by providing:
- A Live Order Book displaying current buy and sell orders with quantities and prices.
- Real-time updates on market activity, including historical pricing and volume trends.
- Tools such as depth charts to help traders visualize liquidity and assess market conditions.
These features empower traders to make informed decisions based on accurate and up-to-date information.
5. Trading Hours
The platform operates 24/7, allowing traders to buy and sell Orbita Notes at their convenience, regardless of time zones. However, periodic system maintenance may temporarily suspend trading, and advance notifications will be provided in such cases.
6. Transaction Fees and Costs
Trading fees are transparently displayed during the transaction process, ensuring there are no hidden costs. The fee structure includes:
- Flat Transaction Fees: A percentage of the transaction value for both buy and sell orders.
- Discounted Rates: Available for high-volume traders or during promotional periods.
- Withdrawal Fees: Applicable when transferring funds out of the platform.
By accepting these policies, traders acknowledge and agree to these costs as part of the trading experience.
7. Risk Management
The platform provides tools to help traders manage risks effectively:
- Stop-Loss Features: Limit potential losses by automating sell orders at predetermined price levels.
- Portfolio Dashboards: Monitor performance and diversify holdings to mitigate market exposure.
- Education Resources: Access guides and tutorials to understand credit instruments and trading strategies.
Traders are encouraged to assess their financial situation and risk tolerance before engaging in trades.
8. Compliance with Regulatory Standards
Traders must adhere to all applicable regulations, including:
- Anti-Money Laundering (AML): Ensuring that funds used for trading are legitimate and traceable.
- Combating the Financing of Terrorism (CFT): Avoiding any activity that could facilitate illegal financing.
- Tax Reporting: Complying with local tax laws by accurately reporting trading profits and losses.
Failure to comply with these obligations may result in account restrictions or termination.
9. Dispute Resolution
In the event of trading disputes, the following process will apply:
- Initial Resolution: Submit a detailed complaint to the Support Center for review.
- Platform Investigation: The platform will investigate the issue using transaction records and logs.
- Arbitration: If unresolved, disputes may be escalated to arbitration under the jurisdiction specified in the platform’s terms of service.
This structured process ensures fairness and impartiality for all parties involved.
10. Amendments to Trading Policies
- Conclusion