Futures Broker

By becoming a futures broker, You can earn one or two ways income:

1. Get a certain percentage of the invitee's futures transaction fee, and the quantity of percentage is set by the merchant;

2. If the invitee is a broker, he can additionally get his actual rebate income multiplied by a certain percentage of the commission. The percentage is set by the merchant and it can be 0. Fees are paid by the merchant.

Note : Support second-level rebates and first-level sub-commissions. Rebates and sub-commissions are only for the handling fees generated by futures transactions.

Introduction

System role description

• Broker: A variety of broker roles can be created in the background,And can set multiple subordinates with different rebate ratios respectively, After the broker role is created, the broker role needs to be manually assigned to the user to take effect.

• Sub-broker: The sub-broker is also a broker, usually designated by the superior broker and configured by the merchant in the background. If the direct superior (inviter) of the sub-broker (invitee) is also a broker, the sub-brokers rebate income from the sub-broker will be distributed to the superior broker according to the configured proportion;

• Ordinary users: The transaction fees will contribute to their superiors, and they can also enjoy part of the transaction fees of their subordinates as invitation rewards.

Description of setting parameters

Total of 3 parameters can be set in the background of the system:

1. (Must Required) The ratio of commission rebate from the lower level of the broker to the higher level, ranging from 0 to 100%;

2. (Not Essential) Invitational commission rebate ratio between ordinary users (set to 0, that is, ordinary users will not rebate), ranging from 0 to 100%;

3. (Not Essential) The commission ratio of the broker to the superior user (set to 0, that is, the broker does not give the superior commission)), the range is 0 to 100%, and this fee is additionally paid by the merchant.

Rebate settlement time

Settlement method: The settlement of the previous day's commission is carried out around at 1:30 am every day. After the settlement is completed, the system will issue the commission. Only after the payment is successful, the front-end user can see the income.

Scenarios and Examples

The parameter settings for this example are as follows:

• Broker first-level rebate ratio: 15%, second-level rebate ratio: 5%

• Ordinary user invitation rebate rate: 30%

• The sub-broker gives the superior 20% commission

Scenario 1: Broker rebates, invitation rebates

Commission settlement:

• User A: Broker B's referral commission = 1000 * 30% = 300

• Broker B: User C's primary rebate + Broker D's secondary rebate = 1000*15% + 1000*5% = 200

• User C: Broker D's invitation rebate = 1000 * 30% = 300

• Broker D: none

Scenario 2: Sub-brokers split commission

Commission settlement:

• Broker A: Sub-broker B split commission + sub-broker B's primary rebate + user C's secondary rebate = 200*20% + 1000*15% + 1000*5% = 240

• Broker B: User C's primary rebate + User D's secondary rebate = 1000*15% + 1000*5% = 200

• User C: User D's invitation rebate = 1000 * 30% = 300

• User D: none

Switch configuration

Configuration path: System Configuration - Basic Configuration - KV Configuration, search for "co_agent_user_switch", the configuration value is {"isOpen":"1"}, Note: The commission rebate can only take effect after it is turned on. Please make sure that it has been activated before promotion. As shown in the figure below.

Background configuration

Direct push scale setting

Description:

1. It is used to set the proportion of the exchange's ordinary users recommending friends to get futures trading commissions.

2. The exchange additionally pays this amount. If 0 is configured, normal user rebates are not supported.

3. Fill in the range: 0% to 99%, and the exchange will pay this fee.

4. This parameter setting takes effect on the handling fee generated by the entire exchange futures transaction.

Basic role Set

Description:

1. It is used to set the ratio of the commission the broker of the exchange gives to its superiors.

2. The exchange additionally pays this amount. If 0 is configured, the split commission is not supported.

3. Fill in the range of 0% to 99%, The exchange will pay this fee.

4. This parameter setting takes effect on the handling fee generated by the entire exchange futures transaction.

Create/Edit roles

Description:

1. Fill in the name of the broker role: customized by the merchant, not displayed on the front end, for example : gold broker

2. Fill in the first- and second-level commission rebate ratio: define the first- and second-level inviter's rebate ratio to the broker for this role, ranging from 0% to 99%,After filling in, click the Confirm button and it will take effect. All brokers in the role can get the commission rebate of the futures transaction fees of the next two-level users, and the income T+1 will be issued.

3. After this parameter is configured, it will only take effect for users assigned the broker role.

Set broker

Select the type of broker role added by the system, fill in the user UID, and click OK to set the user as a broker. After the user becomes a broker, they can enjoy the invitation rebate and T+1 settlement commission income, After the user becomes a broker, the front desk can view the broker entrance.

Auto-upgrade Config

Configuration path:System Configuration - Basic Configuration - KV Configuration, search for "co_agent_autoUp_cofig",As shown in the figure below.

kv explained: Futures role automatic upgrade configuration,is_open switch: 0-off 1-on,roleName: top-level role name, up_config: upgrade rule configuration (roleName: broker role name, number: the number of promoted users in the second generation, selfVolume: user's own monthly transaction volume U, volume: monthly transaction volume in the second generation U, level: level, from small to large)

Description:

• The roleName field is only customized for individual merchants and can be filled in normally;

• System upgrade: Every day at noon 12pm (Beijing time)

  In addition, the automatic upgrade function has the following limitations.

  Merchants decide whether to use this function:

• Once the futures broker auto-upgrade function is enabled, all users can be automatically upgraded as long as they are in a broker's invitation chain and meet the futures broker upgrade conditions (ordinary users can automatically become the broker role, and must be in the role of a broker if it is not enabled). The merchant background is added, and ordinary users can become the broker role)

• Automatic upgrade can only upgrade but not downgrade.

• Broker upgrades can only be upgraded by one day one level，For example, user A meets the conditions of a 3-level broker, and now he is just an ordinary user, you can only upgrade one level a day, it takes 3 days to become a level 3 broker

Example of modifying upgrade rule data:

{"is_open":"1","roleName":"x","up_config":[{"roleName":"junior broker","number":"1","selfVolume":"0","volume":"0","level":"1"},{"roleName":"intermediate broker","number":"10","selfVolume":"10000","volume":"40","level":"2"},{"roleName":"senior broker","number":"100","selfVolume":"50000","volume":"10000000","level":"3"},{"roleName":"top broker","number":"500","selfVolume":"100000","volume":"50000000","level":"4"}]}

Broker Management

Check out the list of users who have been assigned the role of broker within the exchange,you can view the superior UID and superior role of the broker, the number of invitees in the second generation,the sum of monthly transaction volume and accumulated commission (USDT) received in the second generation and itself, and the conversion of funds is subject to the real-time exchange rate;

Operate:

• Edit: Edit the user's broker role and the change will take effect in real time.

• Freeze: After the freeze, the agent will no longer enjoy the agent's rebate income for the role.

• Lower commissions : View this broker detailed records of getting commissions, first check the broker's subordinate commission summary, click to view the details to view the detailed rebate and sub-commission records;

Role Management

Check out the broker roles that have been created in this exchange, you can edit the first and second-level invitation rebate ratios of the created characters;the role can be deleted only when there is no broker under the current role;

Rebate Details

The rebate details show all the income records of all brokers, and the sub-types are divided into direct customers and sub-brokers;

The types of rebates are divided into rebates and sub-commissions;

The rebate status is divided into pending settlement, settled; each currency is displayed separately;

The pending settlement status is that the system has been cleared, but the merchant has not issued a record to the user,The system will automatically pay the rebate or sub-commission amount from the "Company: Inviter Rebate Bonus Account"(The account can be negative, no need to recharge in advance)The system will automatically pay the rebate or sub-commission amount from the "Company: Inviter Rebate Bonus Account"(The account can be negative, no need to recharge in advance)Please note that this commission rebate currency supports multiple currencies involved in contract transactions;

Search condition : Supports joint search data by rebate time, inviter UID, subordinate type, rebate type, currency, and rebate status;

Front-end page description

Only current users are spot broker, it can be shown entrey and information in Web- personal center(APP-personal center- invite friends).

Performance Overview

• Function entry: Personal Center - Contract Broker, by default, you enter the performance overview page. After the user is assigned the role of broker in the background, the user can see the entry (if not configured, the entry will be hidden);

• Account benefits: Displays the commission rebate ratio and split commission ratio configured in the background of the broker, which can be modified in the background. Direct push rebate is to obtain the following level of commission rebate ratio, the sub-broker's commission refers to the percentage of commission that the sub-broker will give to the user if he becomes a broker.

• Promotion Assistant: The promotion method provided to users (invite friends), the essence of an invitation is to establish an invitation relationship.

• Commission income: Display the commission income accumulated by this user through the broker system and the data of yesterday and the day before,

• Including the invitation rebate and the broker's commission income: the income is calculated by the latest exchange rate of USDT; the update time is once a day,

• Line chart of commission: Display the rebate data of the last 7 days in the form of a line chart.

• Customer Profile: Shows the user's invitation profile and the number of users who generated commissions yesterday.

• Commission Ranking: Display the sub-commission (sub-level user transactions) and sub-commission (sub-commission income contributed by the broker if the sub-level) of this broker respectively. The real-time exchange rate is converted into USDT for display. Only rankings 1-10 are shown.

Commission Income

Commission income shows the income details of the broker's accumulated contract rebate currency settlement status, for each currency, you can see the specific income of direct push rebate and sub-broker commission separately.

Commission settlement record

The commission settlement record display system is the commission record that has been settled by the broker, specifically, each currency is settled once a day.

Data includes all income from rebates and sub-commissions.The system T+1 settles once and can filter the data within the specified period of time.

Subordinate Details

The subordinate details are the statistics of the commissions (rebates + sub-commissions) generated by all the invited friends of the broker, sorted by the registration time of the invited friends from the nearest to the farthest. The data is explained as follows:

• Registration time: The time when the subordinate user registered the platform

• UID: UID used by subordinates on this platform

• Mobile phone number: the mobile phone number used by subordinates on this platform, not desensitized

• Type: The role of the friend on the platform, divided into direct customers (ordinary users) and sub-brokers (brokers)

• Invitation method: the source of friend registration, currently it is an invitation code invitation;

• Types of rebates to superiors: The types of rebates given to users by subordinates, including: direct customer rebates and sub-broker rebates,if the user is a broker, two types of rebates will be displayed.

  • Direct customer rebate: the lower level is the ordinary user, and the contract transaction generates a commission

  • Sub-economic sub-commission: The lower level is a broker, and he has no transactions. Only subordinates get rebate income

  • Direct customer rebate + sub-economic sub-commission:The lower level is the broker, and the contract transaction generates a handling fee and obtains the lower level rebate income

• Cumulative rebate: Accumulated all income converted into USDT data at the real-time exchange rate