Exchange Terminology

Limit Price - A value you can set where a buy or sell order will be placed when that value matches the market value.

Market Order - A buy or sell order that does not have an indicated value. These orders are executed sequentially as they are listed on the Exchange Board. (Currently, Market Orders have been suspended to help reduce load on the Exchange).

Execution - Establishes a trade between two users.

Limit - Creates a buy or sell order at the indicated value once the market price matches the indicated value.

Stop- Creates a buy or sell order at the indicated value once the market price matches the indicated value.

*Limit and Stop orders are not guaranteed to sell at the price indicated in their execution.

Margin Trading - Conducting a transaction by adding leverage to your margin This uses your margin as collateral for the leverage.

Leverage - A multiplying ratio you can apply to your margin when placing orders.

Position - How much you either own or have borrowed at a certain point in time. These are executions that have not account settled yet.

Account Settlement　- Removes your position from the market place by making a buy or sell transaction that gains profit or incurs loss

Restricted Margin - A restricted margin used during margin trading

*Restricted Margin = 1BTC*1,000,000 Yen * Restricted Margin (Fluctuates depending on leverage)

Maintenance Margin - The ratio between your initial restricted margin and the current value of your total leveraged assets.

(Restricted Margin + Evaluated Losses/Gains)/ Restricted Margin* 100%.

Loss Cut - Forced account settlement that occurs when maintenance margin goes below 30%.