net.commerce.zocalo.market
Class UnaryMarket

java.lang.Object
  net.commerce.zocalo.market.Market
      net.commerce.zocalo.market.BinaryMarket
          net.commerce.zocalo.market.UnaryMarket

public class UnaryMarket
extends BinaryMarket

a Market in a claim with only one position; only supports book orders. If short selling is not allowed, then coupons can only be sold by holders. If short selling is allowed, then sellers receive money rather than paying, but they must be able to pay dividends. Responsibilities include reporting on price levels and book contents as well as buying claims.

Field Summary

Fields inherited from class net.commerce.zocalo.market.Market

maxPrice

Method Summary

Quantity	buyWithCostLimit(Position pos, Price price, Quantity costLimit, User user)
Quantity	decideClaimAndRecord(Position pos)
protected boolean	gateKeeper(Position pos, Price price, Quantity quantity, User user, boolean marketOrder)
static UnaryMarket	make(BinaryClaim claim, CouponBank couponMint, SecureUser owner, java.util.Properties props, ReserveVerifier verifier) This factory method allows the owner to create unbalanced pairs of coupons.
static UnaryMarket	make(BinaryClaim claim, SecureUser owner, Funds empty, Quantity maxPrice, ReserveVerifier v)
static UnaryMarket	make(SecureUser owner, BinaryClaim claim, Funds empty, ReserveVerifier v)
MarketMaker	makeMarketMaker(SecureUser owner, double endowment)
void	marketCallBack(MarketCallback callback)
protected Quantity	purchaseAtMarketPrice(Position pos, Price price, Quantity quantity, User user)
void	recordBookTrade(User acceptor, Price price, Quantity quantity, Position position)
void	recordLimitTrade(Order order, Quantity quantityTraded, Position opposite)

Methods inherited from class net.commerce.zocalo.market.BinaryMarket

buyAtMarketPrice, buyOrAddBookOrder, buyWithCostLimit, getBinaryClaim, getClaim, getName, make, make, make, make, make, make, makeMarketMaker, makeMarketMaker, maxPrice, postPurchaseActions, setClaim, setMaker

Methods inherited from class net.commerce.zocalo.market.Market

asPrice, asPrice, close, currentPrice, currentProbability, describeOutcome, getBook, getLastTrade, getMaxPrice, getOutcome, getOwner, hasMaker, identifyCouponBank, isOpen, limitOrder, marketOrder, mintBalance, open, outcome, outcomeIsContinuous, printNewCouponSets, requiredReserves, requireReserves, resetBook, scaleToPrice, sellHoldings, setMaxPrice, setOutcome, setOwner, setRequireReserves, setReserveVerifier, settle, setWholeShareTradingOnly, verifyPriceRange, verifyReserves, wholeShareTradingOnly, withholdReserves, withholdReserves

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Method Detail

make

public static UnaryMarket make(SecureUser owner,
                               BinaryClaim claim,
                               Funds empty,
                               ReserveVerifier v)

make

public static UnaryMarket make(BinaryClaim claim,
                               SecureUser owner,
                               Funds empty,
                               Quantity maxPrice,
                               ReserveVerifier v)

make

public static UnaryMarket make(BinaryClaim claim,
                               CouponBank couponMint,
                               SecureUser owner,
                               java.util.Properties props,
                               ReserveVerifier verifier)

This factory method allows the owner to create unbalanced pairs of coupons.

makeMarketMaker

public MarketMaker makeMarketMaker(SecureUser owner,
                                   double endowment)

purchaseAtMarketPrice

protected Quantity purchaseAtMarketPrice(Position pos,
                                         Price price,
                                         Quantity quantity,
                                         User user)

Overrides:

purchaseAtMarketPrice in class BinaryMarket

gateKeeper

protected boolean gateKeeper(Position pos,
                             Price price,
                             Quantity quantity,
                             User user,
                             boolean marketOrder)

Overrides:

gateKeeper in class Market

marketCallBack

public void marketCallBack(MarketCallback callback)

Overrides:

marketCallBack in class BinaryMarket

buyWithCostLimit

public Quantity buyWithCostLimit(Position pos,
                                 Price price,
                                 Quantity costLimit,
                                 User user)

Overrides:

buyWithCostLimit in class BinaryMarket

recordLimitTrade

public void recordLimitTrade(Order order,
                             Quantity quantityTraded,
                             Position opposite)

Overrides:

recordLimitTrade in class BinaryMarket

recordBookTrade

public void recordBookTrade(User acceptor,
                            Price price,
                            Quantity quantity,
                            Position position)

Overrides:

recordBookTrade in class BinaryMarket

decideClaimAndRecord

public Quantity decideClaimAndRecord(Position pos)

Overrides:

decideClaimAndRecord in class Market