Introduction to the Retailer Trading Screen

After login, you will be presented with a trading screen. A full trading screen is shown below. The trading screens used in this experiment can appear rather busy at first inspection, so we will introduce it to you piece by piece.

Example of a Complete Retailer Trading Screen

Time, Date and Money

The top of the screen shows the current experimental date and the number of days to the next customer delivery date (31st December).
Next to this is your current cash balance.  It is on this number (less the initial cash float provided at the start of the experiment) that your cash performance payment will be calculated at the end of the experiment.

The "Your Customer" panel (repeated below) shows you the price and quantity of units wanted by your "automatic" customer at the end of the year.  In this case, the retailer has a "automatic customer" with a firm order of 2,000 units, and committed to paying $57 per unit on 31st December.  In this example there is also a penalty for not meeting the customer order. 




The "Units At Shop" shows the number of units you currently possess.  In the above case, the retailer already has no Units in their "shop".
Since their customer is committed to buying 2,000 Units, it means this retailer is currently seeking to buy 2000 units before the end of the year.

The "Last Traded Price" shows the last price at which Units were bought or sold ANYWHERE in the market - between ANY two participants.

When you have read the above, please proceed to the next page.

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Last Modified: 18 October 2007