Market maker order

At Commodity Exchange Bratislava, traders has opportunity to insert market maker order into the system. This type of order will keep inserting simple orders to buy or sell carbon credits. You can choose from 2 different type of market maker order:

  • Simple market maker order - You will specify volume and spread
  • Smart market maker order - You will specify spread, profit and market curve

You can although use the programmic trading to do the market maker by doing arbitrage trades with other exchanges.

With market maker order you can use any guarantee system - Guaratnee system 1, Guarantee system 2, or you can place order at OTC market.

Guarantee system 1Guarantee system 2OTC Market
Simple MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG
Smart MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG
Simple MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG
Smart MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG
Simple MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG
Smart MM order
Trade EUA
Trade CER
Trade ERU
Trade AAU
Trade AAUG

Example: My company wants to earn money on EUA. I will then place market maker order into the system, that will place others to buy and sell credits. For example current market price is 15 €. MM order can place bids 1000 EUA @ 14.20,1000 EUA @ 14.30,1000 EUA @ 14.40,1000 EUA @ 14.50, and offers 1000 EUA @ 15.50,1000 EUA @ 15.60,1000 EUA @ 15.70,1000 EUA @ 15.80. After someone buys my 1000 EUA at price 15.50, market will move (into 15.10), new bid will be placed at price 14.60 €, and new offer will be placed at 15.90 €. After someone sell me EUAs at price 14,60 €, market will move to original position and I will have (15,50-14,60)*1000 € : 900 € on my CEB account.