Central Ura Trading Rules
1. Trading Eligibility
All participants on the Central Ura Stock Exchange must complete the Know Your Customer (KYC) and Anti-Money Laundering (AML) verification processes. These measures ensure that only verified users, institutions, and companies can engage in trading activities. This also helps to prevent fraud and ensures that the platform operates in compliance with international regulatory standards.
- KYC Verification: Identity verification for all traders is mandatory. Users must provide government-issued identification, proof of address, and other documentation as part of the KYC process.
- AML Compliance: Adherence to AML regulations prevents the use of the platform for illicit financial activities, ensuring that all trades are conducted in a legitimate and transparent manner.
2. Trade Execution
Trades on the Central Ura-based Stock Exchange are executed using smart contracts, which ensure automated and secure transactions based on pre-agreed terms. This eliminates the need for third-party intermediaries and minimizes the risk of disputes.
- Market Orders: Market orders are executed immediately at the best available price. They are ideal for traders who prioritize the speed of execution over the price.
- Limit Orders: Limit orders are placed when a trader specifies the minimum or maximum price at which they are willing to buy or sell an asset. These orders will only be executed when the market price reaches the specified limit.
3. Asset Listing Rules
To ensure market stability and investor confidence, only eligible assets, securities, and currencies can be traded on the Central Ura-based Stock Exchange. Issuers of these assets must meet strict regulatory and compliance standards, including transparency in reporting and adhering to the exchange’s disclosure policies.
- Eligible Assets: These include Orbita Notes, asset-backed securities, and shares in Central Ura-backed companies.
- Listing Requirements: To list an asset, issuers must provide comprehensive documentation, including financial statements, business performance metrics, and evidence of legal compliance.
- Delisting Rules: The exchange reserves the right to delist assets that no longer meet the required standards, fail to adhere to reporting requirements, or pose risks to market stability.
4. Transaction Currencies
While Central Ura is the default Functional Money for all trades, the exchange also allows for transactions in Domestic Currencies (of the country where the trade takes place) and USD. This multi-currency model offers flexibility for businesses and investors transitioning from fiat currency-based systems.
- Currency Conversion: Users can convert fiat currencies into Central Ura or use USD and Domestic Currencies for transactional ease. However, the ideal currency for long-term investment remains Central Ura, due to its stability and asset-backed structure.
5. Market Regulations and Conduct
To maintain an orderly and fair marketplace, the exchange enforces rules that govern market behavior and prevent price manipulation or unethical trading practices. These include:
- Market Manipulation Prohibition: Activities such as wash trading, spoofing, and front-running are strictly prohibited. Any trader found engaging in manipulative practices may face penalties, including suspension from the platform.
- Transparency in Trading: All trades are visible on the blockchain, ensuring that investors and regulators can access a clear and transparent record of transactions.
- Insider Trading Rules: All participants must adhere to insider trading rules, which prevent the use of non-public, material information to make unfair trades.
6. Settlement and Clearing
The exchange uses smart contracts to facilitate immediate trade settlement, ensuring that once a trade is executed, it is automatically cleared and settled without the need for intermediaries. This feature reduces the risk of settlement delays and improves overall market efficiency.
- Instant Settlement: Through blockchain integration, trades are settled instantly upon execution, with ownership of assets and money transferred seamlessly.
7. Trading Hours and Sessions
The Central Ura-based Stock Exchange operates 24/7, providing continuous market access for traders around the world. This feature ensures that traders from different time zones can participate in the market without limitations.
- Continuous Trading: Unlike traditional stock exchanges with set hours, the Central Ura Stock Exchange enables round-the-clock trading, giving traders the flexibility to execute trades at any time.
