Package net.commerce.zocalo.market

These classes implement the market and process orders.

See:
Description

Class Summary

BinaryBook	holds book orders received for later execution in a market with only paired goods.
BinaryMarket	a Market in a claim; always supports book orders, sometimes supports a marketMaker.
BinaryMarketMaker	Automated Market Maker for Binary Claims.
BinaryMarketReserveVerifier	a callback object for use in experiments requiring reserves for short holdings.
Book	A Book holds orders entered by Users to buy and sell positions on a particular Claim.
Market	a Market in a claim; always supports book orders, sometimes supports a marketMaker.
MarketCallback
MarketMaker	A MarketMaker offers to buy and sell coupons for a particular claim.
MultiMarket	a Market in a multi-position claim; doesn't currently support book orders, always has a marketMaker.
MultiMarketMaker	MultiMarketMaker is a MarketMaker for a Multi-position claim.
Outcome	Outcome for a market.
ReserveVerifier	In Experiments in which holders of short shares must pay dividends, this callback interface allows Markets to defer to Sessions for enforcement of the proper balance of reserves.
UnaryBook	holds book orders received for later execution in a market with only one good.
UnaryMarket	a Market in a claim with only one position; only supports book orders.
UnaryMarketReserveVerifier	a callback object for use in experiments with Unary Markets requiring reserves for short holdings.

Exception Summary

DuplicateOrderException	An Exception that is generated when someone tries to enter an order that would be indistinguishable from an existing order based on (owner, price, claim).
IncompatibleOrderException	An Exception that is generated when we try to create an order that should be immediately accepted because it would cause the total offer for all positions to exceed their par value.

Package net.commerce.zocalo.market Description

These classes implement the market and process orders. Market accepts orders entered by a User and processes them, either against other orders stored in a Book, or against the MarketMaker. Separate subclasses represent BinaryMarkets and MultiMarkets. In parallel, the MarketMakers are subdivided into BinaryMarketMaker and MultiMarketMaker.

© Copyright 2007 Chris Hibbert. All rights reserved.
© 2006 CommerceNet Consortium, LLC.

This software is published under the terms of the MIT license, a copy
of which has been included with this distribution in the LICENSE file.