Pit Market Trading

Recording Earnings

Earnings are zero for any bond not bought or sold (sellers incur no cost, and buyers receive no value). When the period ends, I will collect cards for the units not traded, and you can calculate your earnings while I shuffle and redistribute the cards. Your total earnings equal the sum of earnings for units traded in all periods, and you can use the Earnings Record Form to keep track of your earnings. Sellers use the left side of the Earnings Record Form and buyers use the right side. All earnings are hypothetical.