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Author Topic: limit minimum order size to set new bid or ask price  (Read 982 times)
EskimoBob
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April 15, 2012, 06:35:15 PM
 #1

Limit minimum order size to set new bid or ask price.
What I mean by this is simple.
Lets say the limit to set new Bid or Ask price for the LTC is set at 100 LTC

Order book looks like this
Code:
Bid              Ask
105@0.1         120@0.13
291@0.09        222@0.144

If I like to buy or sell 0.00.. - 99.99... LTC, I can not enter my orders at 0.11 or 0.12 but I can enter it at 0.1, 0.9 or 0.13 and 0.144.
Order of 100+ LTC can be entered at any price and I can set new Bid or Ask price.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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EskimoBob
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April 30, 2012, 02:17:58 PM
 #2

bump...

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
epetroel
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May 01, 2012, 07:39:02 PM
 #3

I have to ask, why?
DeathAndTaxes
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May 01, 2012, 07:45:49 PM
 #4

why indeed?  You want to restrict the minimum size then someone adds liquidity but leave it unrestricted when they take it away?
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