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Fees Discount

Refers to discount you assign to individual UIDs. When the particular user trades, discount will be applied to the transaction fees.

There are 3 common use case of fees discount:

  1. Market Maker
    To market maker account to perform robot trading.
  2. Influencer, VIP
    Some companies would assign fees discount to influencer and vip customers to encourage them trading on their platform.
  3. Internal Testing
    Some companies would assign tester UID with fees discount to minimise the expense when trading in the Exchange.


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Adding Fees Discount

Select 'Add' to add discount on trading fees to the trading account of your choice


User's ID
Key in the UID of the user account

Discount Rate
Key in the discount rate you are allocating to the particular UID in % percentage
Note:
Actual Rate = Commission Rate * Discount Rate

Is the account a market making account?
Yes // No
For your own reference, this information will not be showcased externally

Valid Date
Select the period the discount applies to the trading for the particular UID

Remark
Key in remarks for your own reference, this information will not be showcased externally (optional)


Operation
Edit // Delete 
'Edit' to adjust the information
'Delete' to remove the discount applied