Fast Market

[CliffordM]

On traditional stock exchanges, when the order-queue gets so long that the prices (i.e. last trade) are some way behind the market clearing price (many orders waiting to be matched into the orderbooks) , a 'FAST MARKET' indicator goes up.

I think that MtGox should think about doing something like this -- they could , for , instance publish the expected number of seconds for a new order to get matched.

In traditional 'fast-markets' you realise that the published prices are way-behind , and that explains why your orders to buy/sell at various prices do not get matched the way you expect.