Commodities in BFS are mostly used for displaying spot prices but can also be traded.

TypeThe instrument type, select Commodities
NameThe name of the instrument.
StatusThe status determines what user type the instrument should be available to
Visible StatusThe status determines what user type the instrument should be visible to
CurrencyThe currency that the instrument is based in
Tax CountryThe country where the instrument is based according to tax reasons

Price DecimalsThe number of decimals to use when showing the price of the instrument
Display Percentage PriceIf checked the price will be displayed as a percentage value, in the database the value of 98% will be stored as 0.98 but shown as 98%. In this example we are using currency values as the price.
PriceThe price of the commodity
Price DateThe date when the price was set

For commodities the value multiplier can be used for linking the price to the tradeable quantity of the commodity.

For example, if we would like our customers to trade Gold in grams but the price that we have quotes the price per kilo the multiplier could be set to 0.001. This means that if the customer would enter an order for 1 unit the value of the trade would be calculated like this: 1 unit x 1300 price x 0.001 mult = 1.3.

DecimalsThis is a legacy property that should be left blank
Quantity DecimalsThis is the number of decimals that should be used for the units. We want to offer trading in Gold for 1/100s of a gram so we enter 2 decimals for the quantity setting.

Datasheet URLA link to an instrument description
CategorizationInstrument Categorization
External ReferenceA reference that could be used to link the instrument to an external system or some other reference
Fee CategoryWhich fee category the instrument should belong to according to /wiki/spaces/KB/pages/66584622
Buy CommissionThe percentage commission charged on buy orders
Sell CommissionThe percentage commission charged on sell orders
Early Sell FeeThe percentage fee charged on orders that are being executed within the lock in period.
Product CompensationThe percentage of kickback that should be given to the associated re-seller on the orders of the instrument
Account Type LimitationDetermines if the instrument should be limited to certain account types.

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