Tap-Trading Performance Score Announcement
Dear BXB Community
We are pleased to share with you that Tap-Trading has aroused great popularity among the community since its launch. In order to provide our customers with a better experience in Tap-Trading, we’d like to announce the mechanism of how we calculate the “Performance Score” shown in the Tap-Trading results page.
How Do We Calculate the Score?
Step 1. Calculation of PNL ratio
a. PNL ratio = Total profit and loss / Max. frozen capital
b. Max. frozen capital = Max. holding position * price multiple * margin ratio * last price of the contract
Step 2. Calculation of Elasticity parameter:
1. If your trading volume <= 10000
a. Elasticity parameter = trading volume ^ (1/3) * 0.01016 + 0.78
b. trading volume = the sum of orders you placed in each round
2. If your trading volume > 10000
a. Elasticity parameter = 0.9999
Step 3. Calculation of Performance Score
Performance Score = (95/(1+1/exp(0.6*PNL ratio – 0.1))+5) * Elasticity parameter.
In addition, we have updated the way in which we describe your trading performance in the Tap-Trading result page. We have changed “You beat over xx% traders worldwide!” to “You get xx score in this round!”