Yep, they're back just as Finex comes back online. That was pretty neat to observe.pic.twitter.com/IAGr9RMUvE
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Gives you an idea of how central Finex is to the overall market. h/t
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Risk off procedure probably, since Bitfinex downtime can signal high volatility incoming?
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someone puts a translator on these tweets for god's sake
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Yu cant type B/O spread into google and click on the first result? WTF
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I see it 1$ wide
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Doesn't do any harm to take a bit extra spread if one of your primary markets goes down as a MM. Turn off the tight quotes and let the wider ones take over. Probably causes some small hiccups with theo calculation also.
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Simply means risk priced by market maker for them to take the risk of being hit... if you buy and sell with 500$ spread you make 500$/btc transacted.
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