Market Discussions

Hello i started doing some buy orders on the market and im having a bit of a issue with understanding the wallet/transaction mechanics.
So il try to make it easy, il explain what i think i know and hopefully im right, otherwise please correct me.

So lets say i want to buy 10 svipuls ,for this exercise i will place the order at 50 million ISK.

First i need to have 500 million. I place the order the 500 million get removed from my wallet and placed in the escrow for paying the sellers.
And thats it?
What happens if i have margin trading. Please help, sometimes the wallet goes **** and il looking over all the transactions and sometimes im doing a mistake and do another digit. But today i reviewed the transactions twice and not sure whats up.

Thanks in advance.

I thought Margin trading works the other way around. I would have to have 37.5 upfront and the 12.5 when they sell you the item.

Lot of the confusion in this thread. Let's see what the skillbook tells us:

"Each level of skill reduces the percentage of ISK placed in market escrow when entering buy orders. Starting with an escrow percentage of 100% at Level 0 (untrained skill), each skill level cumulatively reduces the percentage by 25%. This will bring your total escrow down to approximately 24% at level 5."

So for an order of 100 million isk, you will only have to put up the 24 million of it, if you have the skill at max. level. The remaining are paid if the order fills.

However, there is not much point in putting up one order like that if in fact you don't have the money to pay the full amount. The way margin trading works best is when you are constantly buying and selling on many orders, being well capable of paying up if any random order should happen to fill.

Thanks for the clarification.

The earlier postings made it sound like for each item sold, the amount was simultanously taken from both the escrow and one's wallet, split by the percentage gained from your Margin Trding level.