Rules of the Trade Guild

1. Any inhabitant of the Land of Clones, whose "work efficiency" is at least 0, can purchase goods, with the exception of Serfs (Serfs and hungry clones can only purchase food and gold coins here). You cannot buy your own lot.

2. At the Commodities Market and Stock Exchange, goods are purchased for gold coins. At the Currency Market, gold coins are purchased for clonecoins. You can only purchase a whole number of goods. For example, you cannot buy 0.5 kg of bread. Please note: you cannot buy a fractional amount of gold coins at the Currency Market. For example, you can purchase 2 gold coins for 2.6 Clonecoins (at a price of 1.3 Clonecoins per 1 gold coin), but you cannot purchase 1.5 gold coins for 1.95 Clonecoins.

3. A clone of the social status "Peasant" and higher ("Craftsman" and higher - at the Currency Market) can put the goods up for sale. If the user account has at least one clone with a negative "work efficiency" indicator, an unrepaired settlement, an unrepaired house, an unrepaired principality, an unrepaired Wonder of the World, or an unrepaired Great Building, it will be impossible to list the lot at the Currency Market.

4. The price is specified for one unit of goods, the volume of the goods put up for sale can be any integer.

5. When placing a lot, the seller is charged a commission in the amount of %commission_create%% of the total cost of the lot, but not less than %commission_create_min_gold%. Upon sale at the Commodities Market, 5% of the value of the sold goods is charged, and at the Stock Exchange 44.5% of the value of the sold goods is charged. These commissions are transferred to the State Budget. No fees are charged at the Currency Market.

Every day the State pays from the profit fund of the Trade Guild:

  • 10% - to the dividend fund of the securities of the Trade Guild;
  • 10% - for the payment of premiums at the Sawmill, Mill, Stone Mine, Ore Mine and Carters' Guild in equal shares for each enterprise;
  • 3% - to pay premiums to employees of the Trade Guild;
  • 10% - to the dividend funds of each type of securities, in equal shares;
  • 3% - to the "Active Players" Fund;
  • 3% - to the Emperors' Residence Reserves;
  • 10% - to the fund of the "Era of the Megaliths";
  • 10% - to the fund of the "next technological era".

6. When a lot is withdrawn from sale, the commission for placing is not refundable.

7. The "Nominal price" is the lowest possible price per unit of goods, established by the State. You can not put up for sale a product with a price lower than the nominal price.

8. Minimum / maximum price per unit - the minimum / maximum current price for this product, listed at the market for sale. The volume of goods with the indication of the price in this range is displayed on the chart (click on the corresponding icon in the right column).

9. Lots are purchased starting from the minimum current price at the market.

10. New lots at the Commodities Market and Stock Exchange are placed instantly. Lots created on the Currency Market are checked by the Game Administration within 3 full working days before being placed.

11. The maximum number of lots that a player can placed at the Currency Market is 3 lots per 1 day. At the same time, the maximum volume of one lot is not limited. There are no restrictions on the number of lots at the Commodities Market or Stock Exchange.

12. The State can participate in trading at the Currency Market by buying gold coins for settlements with state enterprises.

13. When placing the lots, the seller may assign a "discount" percentage. Discount means the amount of gold coins that will be deducted from the amount of gold coins he will receive for the sale of the goods (i.e. the sale price minus the listing and sale commissions; see more below in chapter §  How the Discount works). If there are several lots with the same price at the market, then the first item to be bought will be the one for which the seller has set a higher percentage of the discount.

After the sale of goods with a discount, the amount of the discount is the income of the State. The State, in turn, pays out of this income:

  • 10% - to the dividend fund of the Trade Guild Securities;
  • 10% - for the payment of premiums at the Sawmill, Mill, Stone Mine, Ore Mine and Carters' Guild in equal shares for each enterprise;
  • 30% - to the "enterprise bonus" fund of state enterprises: Sawmill, Mill, Stone Mine, Ore Mine and Carters' Guild in equal shares for each enterprise;
  • 10% - to the Emperors' Residence Reserves;
  • 10% - to the fund of Settlements (according to the level of development of the settlement, the income goes to the treasury of the settlements);
  • 10% - to Princes with a raised Crest, according to the level of development;
  • 5% - to the prize fund of the resource lottery, for all types of resources equally.

14. Dividends are NOT accrued on securities offered for sale on the Stock Exchange (or reserved in "Orders to put the goods for sale"). Accrual will resume as soon as the security is sold or withdrawn from sale (or the order is cancelled).

15. When buying or selling goods, a trader receives units of "Merchant's Authority". Every 10 gold coins spent or received by a clone while trading at the Trade Guild (excluding the Currency Market) gives +1 unit of "Merchant's Authority". The clone's "Merchant's Authority" amount is recalculated 1 time per day at the checkout time.

16. The State monopoly on the sale of the product "Water" at a fixed price has been established on the "World of Clones" server. Selling Water by players is prohibited. On the server "Conquered Lands" this restriction is absent.

17. Lots at the Commodities Market and Stock Exchange are indefinitely. At the Currency Market, lots that are not sold within 5 days from the moment of creation are automatically cancelled.

How the Discount works

Let's look at an example of how to calculate the discount amount and the amount credited to the game account when selling goods with a discount.

Let's say you put up for sale a product "wood" in the amount of 100 units, at a price of 0.025 gold coins per 1 unit. You set the discount rate at 5%.

At a price of 0.025 gold coins, other players have already placed lots of wood, but their maximum discount percentage is less than 5%. In this case, your lot will be bought first of all lots at a given price.

Commission for listing lot is %commission_create%%, commission for sale is 5%.

Without discount your total revenue would be:

100 *0.025 *0.95 - 100 * 0.025 * 0.005 = 100 * 0.025 * 0.945= 2.3625 gold coins.

With a discount of 5% your total sales revenue will be:

100 *0.025 *0.95 *0.95 - 100 * 0.025 * 0.005 = 100 * 0.025 * 0.8975= 2.2437 gold coins.

Lots with a higher discount (at a given price) are bought first. If another player places a lot of wood at a price of 0.025 gold coins with a discount of, for example, 6%, it will be the first to be bought.

In both cases, buying at the market occurs starting from the current minimum price. That is, if there were lots of wood at the market, for example, with a price of 0.024 and 0.0243, then they will be bought out first, even if they do not have a discount.

Working with Trade Orders

General Information

At the Trade Guild, it is possible to use trade orders - orders to buy goods or to put goods up for sale.

Using orders can greatly simplify the trading process. For example, if you create an order for the purchase of goods, then you will not need to constantly monitor the prices at the trading places in order to have time to purchase the goods at the right price. The order will do everything automatically according to the conditions you set.

In the case of using an order to put the goods for saler, you can achieve higher profits by automatically put up the item for sale at a higher price than the current market price when it rises. If the price has not risen, you can cancel the order that has not yet been triggered without losing the commission for listing the goods, as it would be with the direct creation of the lot.

Thus, orders are convenient for pending trading when you want to get more profit.

You can view the list of orders created by your clone by clicking on the "Trading Orders" link and then selecting "Buy" or "Put for Sale". It is also possible to create or cancel this or that order. After creating an order, its parameters cannot be edited - you can only delete the order. Please note that each of your clones has its own list of orders.

Under the link "My orders" you can find a list of all orders of all your clones. It is also possible to delete or re-create the desired order there.

Orders created by all players form a queue. Orders in the queue are executed, starting with the very first created one, if its parameters satisfy the price of the goods on the exchange, and further down the list. If your order is not the first in the order queue, that is, before it there are orders of other players whose conditions satisfy the situation on the exchange, your order will only work after all these orders have been triggered.

Orders at the Commodities Market and Stock Exchange are indefinitely. On the Currency Market, orders that have not been fully triggered within 30 days from the date of creation are automatically cancelled.

Purchase Order

A Purchase Order is used for the pending purchase of goods at a certain price, not exceeding the price specified in the order.

When creating a purchase order, you must specify three parameters, similar to how it is done with a regular purchase:

  • Name of product;
  • Quantity of purchased goods;
  • The maximum price for purchase (per unit), in gold coins.

At the moment of creating an order, an amount of gold coins is reserved from your account, equal to the total cost of the purchase of goods under the order (amount = quantity X price) (column "Reserved" in the list of orders). In the process of purchasing goods, this reserve will be spent on purchase. If the order is deleted, this reserve (or the rest of the reserve in case of a partial purchase of the goods) will be returned to your account.

A fully executed order (according to which the entire specified volume of goods was purchased) is highlighted in red in the list of orders and remains in this list for information until you delete it.

In order to trigger a purchase order to buy goods, two conditions must be met:

  • the minimum current price for this type of product should be no more than the one you specified when creating the order;
  • the order must be the first (by the time of creation) in the queue among all pending orders for the purchase of this product, which are satisfied by this price.

The purchase occurs at a price not exceeding that specified in the order. Purchasing at a lower price than in the order is also possible if the above two conditions are met. In this case, the difference in gold is returned to your account. Example: You want to buy 100 units of wood, but no more than 0.021. Then you place an order with parameters: quantity 100 units and price 0.021. In this case, you can buy wood even at a price of 0.0205, 0.0203, etc. (in the case that the goods at such a price will be available at the market at the time the order is triggered).

The purchasing of goods can take place in parts, depending on its availability at the market - until the entire ordered volume of goods is purchased.

Order to put the goods for sale

An order to put the goods for sale is used for deferred creation a lot for sale at a specified price, provided that the current minimum price for this type of product has risen to a specified value. The triggering of such an order is the placement of a lot (goods) for sale, but not its sale.

There are four parameters that must be specified when creating an order to put the goods for sale:

  • Name of product;
  • Quantity of goods;
  • The price per unit of goods at which it will be put up;
  • The minimum current price for the product at the market, if it rises to which the order will trigger and the product will be put up for sale.

At the moment of creating an order, a commission is reserved from your account for placing goods at a specified price and in a specified quantity, and a specified quantity of goods is reserved from the bag. The commission is reserved in the amount stipulated by the rules of the trading platform.

In case of deleting an unexecuted order, all reserves will be returned (commission - to your account, goods - to the bag). When the order is triggered, the reserves will be used to create the lot and pay the commission for placing the lot. An executed order is highlighted in red in the clone's order list and remains there for informational purposes only.

When canceling an already executed order, neither the commission nor the goods are returned - they have already been used to create the lot. If necessary, you can cancel the created lot in the corresponding section of the Trade Guild (if you cancel the lot, the commission for placing the lot is not refundable, according to the rules of the trading platform).

For your order to trigger, two conditions must be met:

  • the minimum price for this type of product must be no less than the one you specified when creating the order (the "minimum price at the market" parameter);
  • your order must be the first (by the time of creation) in the queue among all outstanding orders for the put up of this product, which are satisfied this price.

If someone else's order was triggered before your order, as a result of which the minimum price fell again, it is considered that the conditions at the market no longer correspond to the conditions of your order. For it to trigger, the price must rise again to the value specified in your order.

Goods are not placed in parts, the entire order is triggered at once.