{"id":10812,"date":"2026-08-04T16:02:32","date_gmt":"2026-08-04T08:02:32","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=10812"},"modified":"2026-08-04T16:02:38","modified_gmt":"2026-08-04T08:02:38","slug":"%e4%bb%8e%e7%82%b9%e5%b7%ae%e5%88%b0%e6%bb%91%e7%82%b9%ef%bc%9awmax%e8%b4%b5%e9%87%91%e5%b1%9e%e4%ba%a4%e6%98%93%e7%9a%84%e6%88%90%e6%9c%ac%e7%bb%93%e6%9e%84%e4%b8%8e%e6%89%a7%e8%a1%8c%e9%93%be","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/10812","title":{"rendered":"T\u1eeb ch\u00eanh l\u1ec7ch gi\u00e1 \u0111\u1ebfn tr\u01b0\u1ee3t gi\u00e1: C\u1ea5u tr\u00fac chi ph\u00ed v\u00e0 ph\u00e2n t\u00edch li\u00ean k\u1ebft th\u1ef1c hi\u1ec7n giao d\u1ecbch kim lo\u1ea1i qu\u00fd WMAX"},"content":{"rendered":"<p>Trong giao d\u1ecbch CFD c\u00e1c kim lo\u1ea1i qu\u00fd nh\u01b0 v\u00e0ng v\u00e0 b\u1ea1c, l\u1ee3i nhu\u1eadn c\u1ee7a nh\u00e0 giao d\u1ecbch kh\u00f4ng ch\u1ec9 ph\u1ee5 thu\u1ed9c v\u00e0o ph\u00e1n \u0111o\u00e1n v\u1ec1 h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng m\u00e0 c\u00f2n ph\u1ee5 thu\u1ed9c v\u00e0o hai bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i: ki\u1ec3m so\u00e1t chi ph\u00ed giao d\u1ecbch v\u00e0 hi\u1ec7u qu\u1ea3 th\u1ef1c hi\u1ec7n l\u1ec7nh. \u0110\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi c\u00e1c s\u1ea3n ph\u1ea9m c\u00f3 t\u00ednh bi\u1ebfn \u0111\u1ed9ng cao, \u0111\u00f2n b\u1ea9y cao nh\u01b0 V\u00e0ng Lu\u00e2n \u0110\u00f4n (XAUUSD) v\u00e0 B\u1ea1c giao ngay (XAGUSD), ch\u00eanh l\u1ec7ch ch\u00eanh l\u1ec7ch nh\u1ecf ho\u1eb7c \u0111\u1ed9 tr\u1ec5 kh\u1edbp l\u1ec7nh \u1edf m\u1ee9c mili gi\u00e2y c\u00f3 th\u1ec3 c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn l\u1ee3i nhu\u1eadn cu\u1ed1i c\u00f9ng. B\u00e0i vi\u1ebft n\u00e0y s\u1ebd ph\u00e2n t\u00edch thi\u1ebft k\u1ebf ch\u1ee9c n\u0103ng c\u1ee7a n\u1ec1n t\u1ea3ng WMAX trong giao d\u1ecbch kim lo\u1ea1i qu\u00fd t\u1eeb hai chi\u1ec1u l\u00e0 c\u1ea5u tr\u00fac chi ph\u00ed giao d\u1ecbch v\u00e0 c\u01a1 ch\u1ebf hi\u1ec7u qu\u1ea3 th\u1ef1c thi.<\/p>\n<p>1. Ph\u00e2n t\u00edch chi ph\u00ed giao d\u1ecbch: kh\u00f4ng ch\u1ec9 l\u00e0 ch\u00eanh l\u1ec7ch gi\u00e1<\/p>\n<p>Khi nhi\u1ec1u nh\u00e0 giao d\u1ecbch \u0111\u00e1nh gi\u00e1 m\u1ed9t n\u1ec1n t\u1ea3ng, h\u1ecd c\u00f3 xu h\u01b0\u1edbng ch\u1ec9 t\u1eadp trung v\u00e0o quy m\u00f4 c\u1ee7a \"ch\u00eanh l\u1ec7ch\" v\u00e0 b\u1ecf qua to\u00e0n b\u1ed9 th\u00e0nh ph\u1ea7n chi ph\u00ed giao d\u1ecbch. Tr\u00ean n\u1ec1n t\u1ea3ng WMAX, chi ph\u00ed giao d\u1ecbch kim lo\u1ea1i qu\u00fd ch\u1ee7 y\u1ebfu bao g\u1ed3m c\u00e1c m\u1ee9c sau:<\/p>\n<p>1. T\u1ed1i \u01b0u h\u00f3a ch\u00eanh l\u1ec7ch: l\u1ee3i th\u1ebf v\u1ec1 gi\u00e1 do thanh kho\u1ea3n t\u1ed5ng h\u1ee3p mang l\u1ea1i<\/p>\n<p>Ch\u00eanh l\u1ec7ch gi\u00e1 l\u00e0 ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 mua v\u00e0 gi\u00e1 b\u00e1n v\u00e0 l\u00e0 chi ph\u00ed tr\u1ef1c ti\u1ebfp nh\u1ea5t \u0111\u1ed1i v\u1edbi nh\u00e0 giao d\u1ecbch. WMAX x\u00e2y d\u1ef1ng nh\u00f3m thanh kho\u1ea3n t\u1ed5ng h\u1ee3p b\u1eb1ng c\u00e1ch t\u00edch h\u1ee3p nhi\u1ec1u nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n h\u00e0ng \u0111\u1ea7u. \u1ede ch\u1ebf \u0111\u1ed9 n\u00e0y, h\u1ec7 th\u1ed1ng t\u1ef1 \u0111\u1ed9ng s\u00e0ng l\u1ecdc v\u00e0 kh\u1edbp c\u00e1c b\u00e1o gi\u00e1 mua v\u00e0 b\u00e1n t\u1ed1t nh\u1ea5t, duy tr\u00ec m\u1ee9c ch\u00eanh l\u1ec7ch c\u1ea1nh tranh trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng b\u00ecnh th\u01b0\u1eddng.<\/p>\n<p>Ch\u00eanh l\u1ec7ch gi\u00e1 v\u00e0ng (XAU\/USD) thay \u0111\u1ed5i linh ho\u1ea1t theo bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 ch\u00eanh l\u1ec7ch c\u00f3 xu h\u01b0\u1edbng thu h\u1eb9p trong th\u1eddi k\u1ef3 thanh kho\u1ea3n d\u1ed3i d\u00e0o (ch\u1eb3ng h\u1ea1n nh\u01b0 s\u1ef1 ch\u1ed3ng ch\u00e9o gi\u1eefa th\u1ecb tr\u01b0\u1eddng Ch\u00e2u \u00c2u v\u00e0 th\u1ecb tr\u01b0\u1eddng M\u1ef9); \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a b\u1ea1c (XAG\/USD) th\u01b0\u1eddng cao h\u01a1n v\u00e0ng v\u00e0 n\u1ec1n t\u1ea3ng n\u00e0y c\u00f3 c\u00e0i \u0111\u1eb7t ch\u00eanh l\u1ec7ch ch\u00eanh l\u1ec7ch kh\u00e1c nhau cho b\u1ea1c, c\u1ed1 g\u1eafng \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 c\u00e2n b\u1eb1ng gi\u1eefa chi ph\u00ed v\u00e0 t\u00ednh thanh kho\u1ea3n.<\/p>\n<p>N\u1ec1n t\u1ea3ng n\u00e0y cung c\u1ea5p c\u1ea3 m\u00f4 h\u00ecnh t\u00e0i kho\u1ea3n ch\u00eanh l\u1ec7ch th\u1ea3 n\u1ed5i v\u00e0 ch\u00eanh l\u1ec7ch c\u1ed1 \u0111\u1ecbnh. T\u00e0i kho\u1ea3n ch\u00eanh l\u1ec7ch th\u1ea3 n\u1ed5i c\u00f3 m\u1ee9c ch\u00eanh l\u1ec7ch h\u1eb9p khi \u0111\u1ee7 thanh kho\u1ea3n v\u00e0 ph\u00f9 h\u1ee3p cho c\u00e1c nh\u00e0 giao d\u1ecbch t\u1ea7n s\u1ed1 cao ng\u1eafn h\u1ea1n v\u00e0 trong ng\u00e0y; t\u00e0i kho\u1ea3n c\u00f3 m\u1ee9c ch\u00eanh l\u1ec7ch c\u1ed1 \u0111\u1ecbnh duy tr\u00ec b\u00e1o gi\u00e1 th\u1ed1ng nh\u1ea5t trong t\u1ea5t c\u1ea3 gi\u1edd giao d\u1ecbch, kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 ph\u00f9 h\u1ee3p v\u1edbi nh\u1eefng nh\u00e0 giao d\u1ecbch th\u00edch chi ph\u00ed c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c. M\u1ed9t s\u1ed1 t\u00e0i kho\u1ea3n c\u00f3 ch\u00eanh l\u1ec7ch th\u1ea3 n\u1ed5i (ch\u1eb3ng h\u1ea1n nh\u01b0 lo\u1ea1i ECN) c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c trang b\u1ecb c\u1ea5u tr\u00fac c\u00f3 m\u1ee9c ch\u00eanh l\u1ec7ch th\u1ea5p v\u00e0 ph\u00ed c\u1ed1 \u0111\u1ecbnh.<\/p>\n<p>2. T\u00ednh minh b\u1ea1ch c\u1ee7a hoa h\u1ed3ng v\u00e0 l\u00e3i su\u1ea5t qua \u0111\u00eam<\/p>\n<p>Ngo\u00e0i ch\u00eanh l\u1ec7ch gi\u00e1, l\u00e3i su\u1ea5t qua \u0111\u00eam (Swap) \u0111\u01b0\u1ee3c t\u1ea1o ra khi gi\u1eef v\u1ecb th\u1ebf qua \u0111\u00eam l\u00e0 y\u1ebfu t\u1ed1 m\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch d\u00e0i h\u1ea1n ph\u1ea3i c\u00e2n nh\u1eafc. WMAX hi\u1ec3n th\u1ecb r\u00f5 r\u00e0ng l\u00e3i su\u1ea5t qua \u0111\u00eam hi\u1ec7n t\u1ea1i tr\u00ean giao di\u1ec7n giao d\u1ecbch, c\u00f4ng th\u1ee9c t\u00ednh to\u00e1n c\u00f4ng khai, minh b\u1ea1ch v\u00e0 kh\u00f4ng c\u00f3 ph\u00ed \u1ea9n. N\u1ec1n t\u1ea3ng n\u00e0y cung c\u1ea5p ch\u1ee9c n\u0103ng xem tr\u01b0\u1edbc th\u1eddi gian th\u1ef1c v\u1ec1 chi ph\u00ed v\u1ecb th\u1ebf. Ng\u01b0\u1eddi d\u00f9ng c\u00f3 th\u1ec3 nh\u1eadp lo\u1ea1i giao d\u1ecbch, h\u01b0\u1edbng v\u00e0 s\u1ed1 ng\u00e0y n\u1eafm gi\u1eef d\u1ef1 ki\u1ebfn \u200b\u200btr\u01b0\u1edbc khi m\u1edf m\u1ed9t v\u1ecb th\u1ebf v\u00e0 h\u1ec7 th\u1ed1ng s\u1ebd t\u1ef1 \u0111\u1ed9ng \u01b0\u1edbc t\u00ednh chi ph\u00ed qua \u0111\u00eam. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch ng\u1eafn h\u1ea1n, n\u1ec1n t\u1ea3ng n\u00e0y cung c\u1ea5p c\u01a1 c\u1ea5u hoa h\u1ed3ng c\u1ea1nh tranh v\u00e0 h\u1ed7 tr\u1ee3 xem tr\u01b0\u1edbc ph\u00ed \u01b0\u1edbc t\u00ednh tr\u01b0\u1edbc khi m\u1edf v\u1ecb th\u1ebf, gi\u00fap ng\u01b0\u1eddi d\u00f9ng t\u00ednh to\u00e1n ch\u00ednh x\u00e1c \u0111i\u1ec3m h\u00f2a v\u1ed1n.<\/p>\n<p>So v\u1edbi c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 truy\u1ec1n th\u1ed1ng, WMAX \u0111\u01b0\u1ee3c mi\u1ec5n nhi\u1ec1u kho\u1ea3n ph\u00ed \u1ea9n nh\u01b0 thu\u1ebf tr\u01b0\u1edbc b\u1ea1, ph\u00ed chuy\u1ec3n nh\u01b0\u1ee3ng v\u00e0 ph\u00ed l\u01b0u tr\u1eef, \u0111\u1ed3ng th\u1eddi chi ph\u00ed giao d\u1ecbch ch\u1ee7 y\u1ebfu d\u1ef1a tr\u00ean m\u1ee9c ch\u00eanh l\u1ec7ch c\u01a1 b\u1ea3n.<\/p>\n<p>3. Ki\u1ec3m so\u00e1t tr\u01b0\u1ee3t gi\u00e1: ch\u00eca kh\u00f3a cho chi ph\u00ed \u1ea9n<\/p>\n<p>Tr\u01b0\u1ee3t gi\u00e1 \u0111\u1ec1 c\u1eadp \u0111\u1ebfn \u0111\u1ed9 l\u1ec7ch gi\u1eefa gi\u00e1 giao d\u1ecbch cu\u1ed1i c\u00f9ng v\u00e0 gi\u00e1 \u0111\u1eb7t l\u1ec7nh d\u1ef1 ki\u1ebfn. Khi d\u1eef li\u1ec7u c\u00f3 t\u00ednh bi\u1ebfn \u0111\u1ed9ng cao \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 (ch\u1eb3ng h\u1ea1n nh\u01b0 b\u00e1o c\u00e1o b\u1ea3ng l\u01b0\u01a1ng phi n\u00f4ng nghi\u1ec7p, d\u1eef li\u1ec7u CPI), s\u1ef1 tr\u01b0\u1ee3t gi\u00e1 l\u00e0 nguy\u00ean nh\u00e2n ch\u00ednh d\u1eabn \u0111\u1ebfn chi ph\u00ed ngo\u00e0i t\u1ea7m ki\u1ec3m so\u00e1t. C\u00e1c m\u00e1y ch\u1ee7 th\u1ef1c thi c\u1ee7a WMAX \u0111\u01b0\u1ee3c tri\u1ec3n khai t\u1ea1i c\u00e1c trung t\u00e2m d\u1eef li\u1ec7u h\u00e0ng \u0111\u1ea7u nh\u01b0 Equinix v\u00e0 \u0111\u01b0\u1ee3c k\u1ebft n\u1ed1i tr\u1ef1c ti\u1ebfp v\u1edbi c\u00e1c ngu\u1ed3n thanh kho\u1ea3n th\u00f4ng qua c\u00e1p quang. N\u00f3 nh\u1eb1m m\u1ee5c \u0111\u00edch r\u00fat ng\u1eafn \u0111\u01b0\u1eddng truy\u1ec1n d\u1eef li\u1ec7u v\u00e0 gi\u1ea3m \u0111\u1ed9 tr\u1ec5 t\u1eeb m\u1ee9c v\u1eadt l\u00fd, t\u1eeb \u0111\u00f3 gi\u1ea3m b\u1edbt v\u1ea5n \u0111\u1ec1 tr\u01b0\u1ee3t gi\u00e1 trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng kh\u1eafc nghi\u1ec7t \u1edf m\u1ed9t m\u1ee9c \u0111\u1ed9 nh\u1ea5t \u0111\u1ecbnh.<\/p>\n<p>V\u1ec1 c\u00f4ng ngh\u1ec7 ki\u1ec3m so\u00e1t tr\u01b0\u1ee3t gi\u00e1, WMAX s\u1eed d\u1ee5ng h\u1ec7 th\u1ed1ng \u0111\u1ecbnh tuy\u1ebfn l\u1ec7nh th\u00f4ng minh (SOR) \u0111\u1ec3 qu\u00e9t v\u00e0 ph\u00e2n t\u00edch nhi\u1ec1u nh\u00f3m thanh kho\u1ea3n trong th\u1eddi gian th\u1ef1c \u0111\u1ec3 ph\u00f9 h\u1ee3p v\u1edbi \u0111\u01b0\u1eddng d\u1eabn th\u1ef1c hi\u1ec7n t\u1ed1i \u01b0u cho m\u1ed7i l\u1ec7nh. Khi kh\u00f4ng \u0111\u1ee7 \u0111\u1ed9 s\u00e2u trong nh\u00f3m thanh kho\u1ea3n nh\u1ea5t \u0111\u1ecbnh, SOR s\u1ebd ngay l\u1eadp t\u1ee9c chuy\u1ec3n sang nh\u00f3m thay th\u1ebf \u0111\u1ec3 tr\u00e1nh t\u00ecnh tr\u1ea1ng tr\u01b0\u1ee3t l\u1ec7nh l\u1edbn do kh\u00f4ng \u0111\u1ee7 \u0111\u1ed9 s\u00e2u; \u0111\u1ed1i v\u1edbi c\u00e1c \u0111\u01a1n \u0111\u1eb7t h\u00e0ng l\u1edbn, SOR s\u1ebd \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n t\u00e1ch \u0111\u01a1n h\u00e0ng \u0111\u1ec3 chia \u0111\u01a1n h\u00e0ng l\u1edbn th\u00e0nh nhi\u1ec1u \u0111\u01a1n h\u00e0ng nh\u1ecf v\u00e0 ph\u00e2n ph\u1ed1i ch\u00fang \u0111\u1ebfn c\u00e1c nh\u00f3m thanh kho\u1ea3n kh\u00e1c nhau \u0111\u1ec3 gi\u1ea3m thi\u1ec3u t\u00e1c \u0111\u1ed9ng c\u1ee7a m\u1ed9t \u0111\u01a1n h\u00e0ng l\u00ean gi\u00e1 th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1266\" height=\"842\" class=\"wp-image-10814\" src=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139.jpeg\" alt=\"55a354d3c8dca7d898232faa5c7b3139\" srcset=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139.jpeg 1266w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-300x200.jpeg 300w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-1024x681.jpeg 1024w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-768x511.jpeg 768w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-18x12.jpeg 18w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-900x599.jpeg 900w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/55a354d3c8dca7d898232faa5c7b3139-600x399.jpeg 600w\" sizes=\"(max-width: 1266px) 100vw, 1266px\" \/><\/p>\n<p>2. C\u00e1c y\u1ebfu t\u1ed1 c\u1ed1t l\u00f5i c\u1ee7a hi\u1ec7u qu\u1ea3 th\u1ef1c thi: t\u1ed1c \u0111\u1ed9, t\u00ednh \u1ed5n \u0111\u1ecbnh v\u00e0 t\u1ed1c \u0111\u1ed9 giao d\u1ecbch<\/p>\n<p>Hi\u1ec7u qu\u1ea3 th\u1ef1c hi\u1ec7n quy\u1ebft \u0111\u1ecbnh li\u1ec7u chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n ch\u00ednh x\u00e1c hay kh\u00f4ng. \u0110\u1ed1i v\u1edbi nh\u1eefng ng\u01b0\u1eddi giao d\u1ecbch l\u01b0\u1edbt s\u00f3ng ho\u1eb7c giao d\u1ecbch t\u1ea7n s\u1ed1 cao, l\u1ee3i th\u1ebf t\u00ednh b\u1eb1ng mili gi\u00e2y l\u00e0 r\u1ea5t quan tr\u1ecdng. WMAX t\u1ed1i \u01b0u h\u00f3a h\u1ec7 th\u1ed1ng th\u1ef1c thi theo c\u00e1c kh\u00eda c\u1ea1nh sau:<\/p>\n<p>1. T\u1ed1c \u0111\u1ed9 th\u1ef1c hi\u1ec7n l\u1ec7nh<\/p>\n<p>WMAX s\u1eed d\u1ee5ng c\u00f4ng ngh\u1ec7 c\u00f4ng c\u1ee5 kh\u1edbp l\u1ec7nh ti\u00ean ti\u1ebfn \u0111\u1ec3 x\u1eed l\u00fd c\u00e1c y\u00eau c\u1ea7u \u0111\u1eb7t h\u00e0ng \u0111\u1ed3ng th\u1eddi \u1edf m\u1ee9c cao v\u00e0 t\u1ed1c \u0111\u1ed9 th\u1ef1c thi trung b\u00ecnh danh ngh\u0129a c\u1ee7a n\u1ec1n t\u1ea3ng n\u1eb1m \u1edf m\u1ee9c th\u1ea5p h\u01a1n trong ng\u00e0nh. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 khi gi\u00e1 di chuy\u1ec3n nhanh, l\u1ec7nh c\u00f3 nhi\u1ec1u kh\u1ea3 n\u0103ng \u0111\u01b0\u1ee3c kh\u1edbp g\u1ea7n v\u1edbi m\u1ee9c gi\u00e1 d\u1ef1 ki\u1ebfn \u200b\u200bh\u01a1n. T\u00ednh n\u0103ng c\u00f3 \u0111\u1ed9 tr\u1ec5 th\u1ea5p n\u00e0y \u0111\u1eb7c bi\u1ec7t quan tr\u1ecdng khi gi\u00e1 v\u00e0ng v\u01b0\u1ee3t qua c\u00e1c ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1 quan tr\u1ecdng ngay l\u1eadp t\u1ee9c.<\/p>\n<p>2. Kh\u00f4ng c\u00f3 m\u00f4 h\u00ecnh can thi\u1ec7p c\u1ee7a nh\u00e0 giao d\u1ecbch<\/p>\n<p>N\u1ec1n t\u1ea3ng n\u00e0y \u00e1p d\u1ee5ng m\u00f4 h\u00ecnh kh\u00f4ng c\u00f3 \u0111\u1ea1i l\u00fd (NDD), ngh\u0129a l\u00e0 n\u00f3 kh\u00f4ng ho\u1ea1t \u0111\u1ed9ng nh\u01b0 m\u1ed9t \u0111\u1ed1i t\u00e1c m\u00e0 chuy\u1ec3n tr\u1ef1c ti\u1ebfp c\u00e1c l\u1ec7nh c\u1ee7a kh\u00e1ch h\u00e0ng \u0111\u1ebfn c\u00e1c nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n. M\u00f4 h\u00ecnh n\u00e0y lo\u1ea1i b\u1ecf c\u00e1c xung \u0111\u1ed9t l\u1ee3i \u00edch ti\u1ec1m \u1ea9n gi\u1eefa n\u1ec1n t\u1ea3ng v\u00e0 kh\u00e1ch h\u00e0ng, \u0111\u1ea3m b\u1ea3o t\u00ednh c\u00f4ng b\u1eb1ng c\u1ee7a c\u00e1c b\u00e1o gi\u00e1 v\u00e0 t\u00ednh x\u00e1c th\u1ef1c c\u1ee7a giao d\u1ecbch. T\u1ea5t c\u1ea3 c\u00e1c \u0111\u01a1n \u0111\u1eb7t h\u00e0ng \u0111\u1ec1u \u0111\u01b0\u1ee3c k\u1ebft n\u1ed1i tr\u1ef1c ti\u1ebfp v\u1edbi nh\u00f3m thanh kho\u1ea3n v\u00e0 ngay c\u1ea3 khi c\u00f3 \u0111\u1ed9 tr\u1ec5 ng\u1eafn, n\u00f3 s\u1ebd kh\u00f4ng b\u1ecb khu\u1ebfch \u0111\u1ea1i b\u1edfi \"x\u1eed l\u00fd n\u1ed9i b\u1ed9\" ho\u1eb7c tr\u01b0\u1ee3t gi\u00e1 c\u1ee7a n\u1ec1n t\u1ea3ng.<\/p>\n<p>3. \u0110\u1ecbnh tuy\u1ebfn v\u00e0 c\u1ed9ng t\u00e1c \u0111\u01a1n h\u00e0ng th\u00f4ng minh v\u1edbi nhi\u1ec1u nh\u00f3m thanh kho\u1ea3n<\/p>\n<p>Thanh kho\u1ea3n hi\u1ec7n t\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh b\u1ecb ph\u00e2n m\u1ea3nh v\u00e0 c\u00e1c nh\u00f3m thanh kho\u1ea3n \u0111\u01a1n l\u1ebb th\u01b0\u1eddng g\u1eb7p c\u00e1c v\u1ea5n \u0111\u1ec1 nh\u01b0 kh\u00f4ng \u0111\u1ee7 \u0111\u1ed9 s\u00e2u v\u00e0 sai l\u1ec7ch b\u00e1o gi\u00e1. C\u00f4ng ngh\u1ec7 SOR c\u1ee7a WMAX s\u1eed d\u1ee5ng logic v\u00f2ng k\u00edn \"qu\u00e9t to\u00e0n c\u1ea7u - \u0111\u00e1nh gi\u00e1 \u0111\u1ed9ng - ph\u00e2n b\u1ed5 th\u00f4ng minh\" \u0111\u1ec3 t\u00ecm ra \u0111\u01b0\u1eddng d\u1eabn t\u1ed1i \u01b0u trong nhi\u1ec1u nh\u00f3m thanh kho\u1ea3n. V\u00ed d\u1ee5: khi l\u1ec7nh v\u00e0ng kh\u00f4ng c\u00f3 \u0111\u1ed9 s\u00e2u trong Nh\u00f3m A, h\u1ec7 th\u1ed1ng s\u1ebd t\u1ef1 \u0111\u1ed9ng chuy\u1ec3n sang Nh\u00f3m B \u0111\u1ec3 th\u1ef1c hi\u1ec7n. C\u1ed1t l\u00f5i c\u1ee7a thu\u1eadt to\u00e1n SOR kh\u00f4ng ch\u1ec9 \u0111\u01a1n gi\u1ea3n l\u00e0 ch\u1ecdn nh\u00f3m c\u00f3 b\u00e1o gi\u00e1 t\u1ed1t nh\u1ea5t m\u00e0 c\u00f2n xem x\u00e9t to\u00e0n di\u1ec7n nhi\u1ec1u y\u1ebfu t\u1ed1 nh\u01b0 \u0111\u1ed9 s\u00e2u thanh kho\u1ea3n, chi ph\u00ed giao d\u1ecbch v\u00e0 t\u1ed1c \u0111\u1ed9 th\u1ef1c hi\u1ec7n.<\/p>\n<p>4. Truy xu\u1ea5t ngu\u1ed3n g\u1ed1c v\u00e0 ki\u1ec3m ch\u1ee9ng ch\u1ea5t l\u01b0\u1ee3ng th\u1ef1c hi\u1ec7n<\/p>\n<p>WMAX chia \u0111\u01a1n \u0111\u1eb7t h\u00e0ng th\u00e0nh b\u1ea3y tr\u1ea1ng th\u00e1i ti\u00eau chu\u1ea9n: \u0111\u00e3 g\u1eedi, \u0111\u00e3 x\u00e1c minh, \u0111ang x\u1ebfp h\u00e0ng, \u0111\u00e3 k\u00edch ho\u1ea1t, \u0111\u00e3 \u0111i\u1ec1n m\u1ed9t ph\u1ea7n, \u0111\u00e3 \u0111i\u1ec1n \u0111\u1ea7y \u0111\u1ee7 v\u00e0 \u0111\u00e3 h\u1ee7y. M\u1ed7i thay \u0111\u1ed5i tr\u1ea1ng th\u00e1i \u0111\u1ec1u \u0111i k\u00e8m v\u1edbi d\u1ea5u th\u1eddi gian h\u1ec7 th\u1ed1ng (UTC) v\u00e0 m\u00f4 t\u1ea3 tr\u1ea1ng th\u00e1i m\u00e0 ng\u01b0\u1eddi d\u00f9ng c\u00f3 th\u1ec3 xem theo th\u1eddi gian th\u1ef1c trong \"L\u1ecbch s\u1eed \u0111\u01a1n h\u00e0ng\".<\/p>\n<p>Sau khi m\u1ed7i l\u1ec7nh th\u1ecb tr\u01b0\u1eddng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n, n\u1ec1n t\u1ea3ng s\u1ebd \u0111\u00e1nh d\u1ea5u r\u00f5 r\u00e0ng \u0111\u1ed9 l\u1ec7ch (tr\u01b0\u1ee3t gi\u00e1) gi\u1eefa gi\u00e1 y\u00eau c\u1ea7u v\u00e0 gi\u00e1 giao d\u1ecbch trung b\u00ecnh th\u1ef1c t\u1ebf v\u00e0 hi\u1ec3n th\u1ecb n\u00f3 theo \u0111\u01a1n v\u1ecb k\u00e9p g\u1ed3m \u0111i\u1ec3m c\u01a1 b\u1ea3n (pip) v\u00e0 t\u1ef7 l\u1ec7 ph\u1ea7n tr\u0103m. H\u1ec7 th\u1ed1ng c\u0169ng s\u1ebd gi\u1ea3i th\u00edch nguy\u00ean nh\u00e2n tr\u01b0\u1ee3t gi\u00e1 - n\u1ebfu m\u1ed9t s\u1ed1 giao d\u1ecbch \u1edf m\u1ee9c gi\u00e1 d\u01b0\u1edbi m\u1ee9c t\u1ed1i \u01b0u do \u0111\u1ed9 s\u00e2u th\u1ecb tr\u01b0\u1eddng kh\u00f4ng \u0111\u1ee7, n\u00f3 s\u1ebd \u0111\u01b0\u1ee3c \u0111\u00e1nh d\u1ea5u l\u00e0 \"m\u1ee9c thanh kho\u1ea3n c\u1ea1n ki\u1ec7t\"; n\u1ebfu bi\u1ebfn \u0111\u1ed9ng t\u1ee9c th\u1eddi do tin t\u1ee9c ph\u00e1t h\u00e0nh g\u00e2y ra, n\u00f3 s\u1ebd \u0111\u01b0\u1ee3c nh\u1eafc \"th\u1ef1c thi khi c\u00f3 bi\u1ebfn \u0111\u1ed9ng cao\". To\u00e0n b\u1ed9 qu\u00e1 tr\u00ecnh t\u1eeb khi ng\u01b0\u1eddi d\u00f9ng nh\u1ea5p v\u00e0o \u201c\u0111\u1eb7t h\u00e0ng\u201d \u0111\u1ebfn h\u1ec7 th\u1ed1ng tr\u1ea3 v\u1ec1 x\u00e1c nh\u1eadn giao d\u1ecbch \u0111\u01b0\u1ee3c chia th\u00e0nh nhi\u1ec1u giai \u0111o\u1ea1n v\u00e0 th\u1eddi gian ti\u00eau th\u1ee5 c\u1ee7a m\u1ed7i li\u00ean k\u1ebft \u0111\u01b0\u1ee3c hi\u1ec3n th\u1ecb ch\u00ednh x\u00e1c \u0111\u1ebfn t\u1eebng mili gi\u00e2y.<\/p>\n<p>Ngo\u00e0i ra, n\u1ec1n t\u1ea3ng n\u00e0y c\u00f2n t\u1ea1o c\u00e1c b\u00e1o c\u00e1o t\u00f3m t\u1eaft v\u1ec1 ch\u1ea5t l\u01b0\u1ee3ng kh\u1edbp l\u1ec7nh h\u00e0ng th\u00e1ng, bao g\u1ed3m c\u00e1c ch\u1ec9 s\u1ed1 c\u1ed1t l\u00f5i nh\u01b0 \u0111\u1ed9 tr\u01b0\u1ee3t trung b\u00ecnh, th\u1eddi gian ph\u1ea3n h\u1ed3i l\u1ec7nh 95% v\u00e0 \u0111\u1ed9 \u1ed5n \u0111\u1ecbnh kh\u1edbp l\u1ec7nh trong th\u1eddi k\u1ef3 bi\u1ebfn \u0111\u1ed9ng cao. Ng\u01b0\u1eddi d\u00f9ng c\u00f3 th\u1ec3 so s\u00e1nh theo chi\u1ec1u ngang d\u1eef li\u1ec7u c\u1ee7a h\u1ecd v\u1edbi c\u1ea5p \u0111\u1ed9 t\u1ed5ng th\u1ec3 c\u1ee7a n\u1ec1n t\u1ea3ng \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem c\u00f3 t\u1eafc ngh\u1ebdn thi\u1ebft b\u1ecb ho\u1eb7c m\u1ea1ng hay kh\u00f4ng.<\/p>\n<p>Ph\u1ea7n k\u1ebft lu\u1eadn<\/p>\n<p>Trong giao d\u1ecbch kim lo\u1ea1i qu\u00fd, chi ph\u00ed giao d\u1ecbch v\u00e0 hi\u1ec7u qu\u1ea3 th\u1ef1c hi\u1ec7n l\u00e0 hai n\u1ec1n t\u1ea3ng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn l\u1ee3i nhu\u1eadn d\u00e0i h\u1ea1n. N\u1ec1n t\u1ea3ng WMAX \u0111\u00e3 x\u00e2y d\u1ef1ng m\u1ed9t h\u1ec7 th\u1ed1ng ch\u1ee9c n\u0103ng d\u00e0nh cho c\u00e1c nh\u00e0 giao d\u1ecbch kim lo\u1ea1i qu\u00fd xoay quanh c\u00e1c kh\u00eda c\u1ea1nh t\u1ed1i \u01b0u h\u00f3a ch\u00eanh l\u1ec7ch, t\u00ednh minh b\u1ea1ch hoa h\u1ed3ng, ki\u1ec3m so\u00e1t tr\u01b0\u1ee3t gi\u00e1, t\u1ed1c \u0111\u1ed9 th\u1ef1c hi\u1ec7n l\u1ec7nh v\u00e0 kh\u1ea3 n\u0103ng truy xu\u1ea5t ngu\u1ed3n g\u1ed1c. T\u1eeb nh\u00f3m thanh kho\u1ea3n t\u1ed5ng h\u1ee3p \u0111\u1ebfn \u0111\u1ecbnh tuy\u1ebfn \u0111\u01a1n h\u00e0ng th\u00f4ng minh, t\u1eeb ch\u1ebf \u0111\u1ed9 kh\u00f4ng c\u1ea7n ng\u01b0\u1eddi giao d\u1ecbch \u0111\u1ebfn theo d\u00f5i kh\u1edbp l\u1ec7nh \u1edf c\u1ea5p \u0111\u1ed9 mili gi\u00e2y, thi\u1ebft k\u1ebf chung c\u1ee7a c\u00e1c c\u01a1 ch\u1ebf n\u00e0y l\u00e0 cung c\u1ea5p cho c\u00e1c nh\u00e0 giao d\u1ecbch m\u1ed9t m\u00f4i tr\u01b0\u1eddng giao d\u1ecbch v\u1edbi chi ph\u00ed c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t \u0111\u01b0\u1ee3c v\u00e0 kh\u1ea3 n\u0103ng kh\u1edbp l\u1ec7nh c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c. \u0110\u1ed1i v\u1edbi nh\u1eefng nh\u00e0 giao d\u1ecbch kim lo\u1ea1i qu\u00fd mu\u1ed1n \u0111\u00e1nh gi\u00e1 m\u1ed9t c\u00e1ch c\u00f3 h\u1ec7 th\u1ed1ng chi ph\u00ed to\u00e0n di\u1ec7n c\u1ee7a n\u1ec1n t\u1ea3ng giao d\u1ecbch, vi\u1ec7c hi\u1ec3u r\u00f5 ho\u1ea1t \u0111\u1ed9ng c\u1ee5 th\u1ec3 c\u1ee7a c\u00e1c c\u01a1 ch\u1ebf n\u00e0y l\u00e0 \u0111i\u1ec1u ki\u1ec7n ti\u00ean quy\u1ebft \u0111\u1ec3 \u0111\u01b0a ra nh\u1eefng l\u1ef1a ch\u1ecdn h\u1ee3p l\u00fd.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 ki\u1ec3m so\u00e1t chi ph\u00ed v\u00e0 hi\u1ec7u qu\u1ea3 th\u1ef1c hi\u1ec7n \u0111\u01a1n h\u00e0ng trong h\u1ee3p \u0111\u1ed3ng v\u00e0ng v\u00e0 b\u1ea1c giao ngay t\u1ea1i London cho c\u00e1c giao d\u1ecbch ch\u00eanh l\u1ec7ch (CFD). B\u00e0i vi\u1ebft n\u00e0y b\u1eaft \u0111\u1ea7u t\u1eeb nh\u00f3m thanh kho\u1ea3n t\u1ed5ng h\u1ee3p, ch\u00eanh l\u1ec7ch \u0111\u1ed9ng v\u00e0 c\u1ed1 \u0111\u1ecbnh, \u01b0\u1edbc t\u00ednh l\u00e3i su\u1ea5t qua \u0111\u00eam v\u00e0 ki\u1ec3m so\u00e1t tr\u01b0\u1ee3t gi\u00e1, \u0111\u1ed3ng th\u1eddi lo\u1ea1i b\u1ecf ch\u1ebf \u0111\u1ed9 chuy\u1ec3n ti\u1ebfp Kh\u00f4ng c\u00f3 \u0111\u1ea1i l\u00fd (NDD), \u0111\u1ecbnh tuy\u1ebfn \u0111\u01a1n h\u00e0ng th\u00f4ng minh (SOR) v\u00e0 theo d\u00f5i kh\u1edbp l\u1ec7nh \u1edf c\u1ea5p \u0111\u1ed9 mili gi\u00e2y \u0111\u1ec3 gi\u00fap b\u1ea1n thi\u1ebft l\u1eadp k\u1ebf ho\u1ea1ch ki\u1ec3m so\u00e1t r\u1ee7i ro kim lo\u1ea1i qu\u00fd tinh t\u1ebf.<\/p>","protected":false},"author":1,"featured_media":10813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[122],"tags":[354,157,682],"class_list":["post-10812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tutorial","tag-354","tag-157","tag-682"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=10812"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10812\/revisions"}],"predecessor-version":[{"id":10815,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10812\/revisions\/10815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/10813"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=10812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=10812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=10812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}