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May 12, 2013, 07:30:42 PM |
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Hello, is there a consolidated order book yet?
for instance I want to know best bid/ask between mt gox, campbx, btc-e, and if I did a market order it would just fill on all of those routes
obviously Mt. Gox will always have the best/bid ask right now due to the fees or getting capital into and out of the other exchanges and liquidity
but this may not always be an absolute, Mt. Gox also has an automatic small % decrease from quoted price vs. the spot price.
the consolitdated order book will pull in from other future forms of exchanges. and allow for smart-routing
this is good for in person transactions and open outcry exchanges where people want to know the best price.
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