Arms Broker – A smuggler who specializes in the distribution of small arms, personal shields, kits or body armors.
BME – Black Market Exchange, aka – “Smuggler’s Paradise”.
BME Discount – The BME Discount is the % reduction of an item’s Low End Competitive Pricing Index or "LECPI”. Typically this % is between 25%-75%, depending on the item and is determined by the Seller.
Bulk Cargo – items exchanged in units greater than 1.
Cargo – An item or group of items for sale or purchase on the RE or BME.
COLD – An unpopular item on the exchange, both RE and BME.
“Competitive” Pricing – The Price ranges that cover everything between the High End and Low End of a particular item. Example: An item selling on the RE has a High End of 1M EC. The next lowest price of the same item is set at 750k EC. After the 750k EC item is a list of 7 items of the same type where the price ranges all the way down to 250k EC at the Low End. These ranges are the competitive pricing. Since the original High End was set at 1M, and another item under bid that High End item by 250k, it “bumped” the High End item out of the “Competitive Pricing Range” making the 750k item the “new” High End and the CP between 750k – 250k for that particular item.
EC – Energy Credits.
HECI - (High End Competitive Index) - The highest competitive pricing on a particular item, aka "High End".
High End – The highest price a particular item sells for on the “RE”, aka "HECI".
HOT – A popular item on the exchange, both RE and BME.
Illicit Merchandise – Item drops that are obtained as a result of exploration/battle or farming, i.e. Batteries (weapon, shield, engine, aux), Data Samples, Components, Aid Mission Relief Supplies, Medical Regenerators, Gifts (aid mission rewards) as well as other “Bulk” items.
Indexing the Exchange – Researching the “Competitive” High End (or HECI) and “Competitive” Low End (or LECI) of a particular item on the RE to determine its “Median Price”.
LECI - (Low End Competitive Index) - The lowest competitive pricing on a particular item, aka "Low End".
Low End – The lowest price a particular item sells for on the “RE”, aka "LECI".
LTB – Looking to Buy.
LTS – Looking to Sell.
LTT – Looking to Trade (barter).
Median Price – The average price of an item on the exchange based on its Competitive High End and Low End Price.
RE – Regular Exchange.
Ship Broker or "Shippers" – A smuggler who specializes in the distribution of ship hardware and related items.
Smuggler – Any member of the BME who deals in “Illicit Merchandise”.
Stockpile – A shipment of “Cargo” that has NOT sold on the “RE” after a long period of time.
Trader - Any member of the BME who specializes in Bartering.
**Please note: This list will change over time as more terminology is added and updated. Any ideas or suggestions of something to be added will be much appreciated! Thanks for the feedback. MM**
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