This involves the problem of market maker mechanism, which often leads many people to think that spot crude oil is the reason for betting.

Characteristics of matchmaking and market maker's current price transaction

Matchmaking transaction: intraday trading platform does not directly participate in trading, but matches buying and selling orders among investors; In other words, when an investor throws a pending order at a certain price, other customers must buy pending orders at that price, then the transaction can be completed, and the platform does not participate in the transaction in this process.

Market maker's current price trading: No matter what the current price is, the platform can close the transaction immediately, and the price limit pending order is also acceptable, as long as the price reaches your limit entry point. This means that whether other investors take over your long and short orders or not, the platform will follow up. If the platform accepts investors' long and short orders, it is not equal (the quantity bought is not equal to the quantity sold), then whether the platform is a gambling game depends on whether it hedges one party's redundant orders in a larger market or offsets them in kind; If not, it means that the platform should bear the profit and loss in your operation, that is, investors' gambling.

Choice of Market Maker Trading

Since market makers are counterparties of all market participants, they will face operational risks. Of course, market makers can also hedge risks. Market makers require strong financial strength and good social reputation. The selection of market makers is relatively strict, and only those businesses with standardized operation, strong capital strength, large scale, familiarity with market operation and strong risk self-control ability can bear the responsibility. International market makers are usually held by larger gold merchants or banks. For example, the five major gold merchants in London spot market and the three major banks in Switzerland are the most typical market makers in the world. Because market makers bear market risks, they naturally have to enjoy some benefits. Generally, the spread of the current price trading platform of market makers will be higher.

Which is better, market maker current price trading or market maker current price trading?

After reading the above characteristics, it should not be difficult to find that market maker trading has more advantages than matchmaking trading. First, you don't have to worry about the big loss caused by the quilt position, and you can close your position at any time; Secondly, I have done some transactions on the foreign exchange platform, and found that investors who are accustomed to the daily limit are more suitable for market trading. If it is a matchmaking transaction, they usually face the dilemma that the price is in place but the order is not closed. I have experienced this situation many times. However, the spread of market makers' current price transactions is usually slightly higher than that of matching transactions, and the spread in the middle of matching transactions is floating, which is small in ordinary transactions and has a big difference when it fluctuates violently. The premise of all this is that the platform has sufficient strength or can hedge risks in a larger primary market to avoid the risk of loss and bankruptcy of the platform (in the case of pure gambling, the platform bears all the profits and losses of investors).

Comprehensive suggestions:

If the amount of funds is large and you are worried about platform risks, you may wish to choose the one that matches the transaction.

If there is less money, market makers have an advantage in trading.