In this section, there are two tabs that you can choose between; Recent Trades and Tools.
Recent Trades displays orders as they are matched on the ladder. This is displayed for all users to see and will display your orders to other users when matched.
Tools allows you to edit and place orders onto the ladder without using the single click function. In the tools section you can edit your order type between Limit, Market, Stop-Limit, Stop-Market, Take-Profit-Limit and Take-Profit-Market. These can be chosen by clicking on the drop-down option. This is discussed in more detail in the Order Tool Section.
This section will display your trades for that trading session and will reset on an 8-hourly basis. This is only visible to you and is not displayed to other users.
The Contract Information Tab displays important information regarding how much it costs to open a contract on the Digitex Futures Exchange. In this section you will see – Funding, Payout, IN, Tick Value and Contract Value.
IN – Countdown to a funding event
Payout – The amount of DGTX paid per open contract at the time of the funding event
Funding – The funding rate as a percentage of Contract Value. This is used to calculate the ‘Payout’ amount
Tick Value – The amount of DGTX profit/loss per contract for every individual tick movement in asset price
Contract Value – The amount of DGTX required to open a single contract on the Exchange.
Funding, Payout, In:
The funding event happens every 8 hours and it is a mechanism used to promote a balance between Long and Short contract holders. When the IN counter reaches zero, people with open long contracts will pay the percentage seen next to Funding to those with open short contracts.
The Contract Value is the value of each individual contract. The contract value is dependent on the price of Bitcoin and is denominated in DGTX. It is the amount of DGTX that each contract is worth. You can convert this to USD by multiplying the contract value by the price of each DGTX token. The Contract Value can be found with the following formula:
The tick value is how many DGTX you make or lose per contract for every tick (Remember a tick is a $5 movement of the spot price). This multiplied by the number of contracts you open, will be what dictates the Profit and Loss numbers that you see beside the ladder when you open a position.