In order to provide an impartial and fair trading environment, the British exchange AOFEX launches “Rating Rules for Makers” (beta version) as below:
I. Execution time
- GMT+1: 11:00, July 1, 2019;
- GMT+8: 18:00, July 1, 2019;
II. Grading rules for market makers (Fee Schedule)
Recent 30 day Trading Volume |
Star rating |
Fee |
Remarks |
0 |
1 star |
0.5‰ |
1. When the maker meets the upgrade criteria, customer service of AOFEX will contact the maker for upgrading preferences; (a) If the maker agrees to upgrade, security deposit, star rating and privileges will be increased; (b) If the maker does not agree on upgrading, existing security deposit, star rating and privileges will be maintained. 2. One-star trading volume is not currently required. |
10 million |
2 star |
0.4‰ |
|
50 million |
3 star |
0.3‰ |
|
0.1 billion |
4 star |
0.2‰ |
|
0.2 billion |
5 star |
Free |
Grading Rules for OTC makers
This rule is only applicable to AQ/CNY in fiat transactions. If fiat transactions add other currencies later on, please follow the instructions on the latest rules.
III. Details of benefits
1. Rights and interests of one-star merchants:
1) Enjoy the basic rights and interests of advertising, release advertisements and enjoy one-star merchant services;
2) Advertising fee: 0.5‰;
3) Exclusive one-star logo added to the merchant name.
2. Rights and interests of two-star merchants:
1) Two-star merchant service;
2) Advertising fee: 0.4‰;
3) Exclusive two-star logo added to the merchant name;
3. Rights and interests of samsung merchants:
1) Three-star merchant service, providing timely assistance to solve advertising-related problems;
2) Advertising fee: 0.3‰;
3) Exclusive three-star logo added to the merchant name;
4. Rights and interests of four-star merchants:
1) Four-star merchant service;
2) Advertising fee: 0.2‰;
3) Exclusive four-star logo added to the merchant name;
5. Rights and interests of five-star and crown merchants:
1) Exclusive block trading zone;
2) Exclusive one-to-one service, professional training, exclusive service in communities and etc.
3) Advertising fee: free
4) Exclusive five-star logo added to the merchant name;
5) Qualified to be an Instant transaction maker;
IV. Rules on Instant Takers
The fee of Instant Transaction for Makers has been updated to 0.5‰;
The final interpretation is left to our discretion.
Tips:
In order to build a fair, impartial, secured and transparent trading environment, please abide by the relevant regulations of AOFEX.COM.
Team AOFEX
July 1, 2019
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