The price of a perpetual contract is generated by trading between the long and short sides on the exchange, determined based on market supply and demand and the trader's commission price. The exchange will match buying and selling orders based on the entrustment of both long and short parties to meet the trading needs of both parties.
In perpetual contract trading, traders can choose long (bullish) or short (bearish) strategies. Long traders buy contracts in the expectation of a price increase in order to earn profits. Short traders, on the other hand, sell contracts in the hope that the price will fall in order to earn a profit. Traders can buy and sell at any time, quickly adjusting their positions based on market trends.
The development technical functions and requirements of the perpetual contract trading system can cover the following aspects:
- Transaction function:
-Placing, Cancelling, and Modifying Orders
-Query order and transaction history
-Support for market and limit orders
-Setting of stop loss orders and stop gain orders
-Partial and full transaction processing
- Market and Market API Access:
-Display of real-time market data
-Market depth chart and price trend chart of each currency pair
-Access to market data API to obtain real-time market data
- Leverage and margin management:
-Setting and Adjusting the Leverage Ratio
-Calculation and management of margin
-Closing and Strong Leveling Mechanism
- Risk control and position management:
-Risk Limitations and Risk Alert Mechanisms
-Maximum loss limit
-Position management and position control
- Reporting and statistical functions:
-Generation and display of transaction reports and statistical data
-Profit and loss analysis and revenue statistics
-Export and query of historical transaction records
- Safety and stability requirements:
-User authentication and security policies
-Fund security and transaction security
-Preventing hacker attacks and system failures
-System reliability and stability assurance
- User interface and interaction design:
-Responsive user interface
-Order transaction interface
-Personal Account and Fund Management Interface
-Customize settings and preferences
- Third party interface integration:
-API docking with exchanges
-Integration with payment systems
-Integration with real name authentication system
- Scalability and performance requirements:
-Multi user concurrent processing capability
-High speed order matching and transaction processing capabilities
-Scalability and distributed architecture design
-Horizontal and vertical expansion of the system
The above is a list of general technical functions and requirements for the development of a perpetual contract trading system. In the actual development process, adjustments and supplements may be necessary based on specific business needs and market requirements. In addition, compliance and regulatory requirements are also an indispensable part of the development process, which requires systematic design and development in conjunction with relevant regulations.
