Why is not talking about what happened yesterday during listing?
During the 1st min of trading, some trades happened but my orders got ignored.
Then order book on the GUI was a total mess. I think
, you own an explanation to customers.
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exactly as planned. wait 2 minutes for the orderbook to fill a little bit on the ask side. then the market maker trading desk gets to buy up all the orders that were placed between lets say 0.12$ and 0.6$. then others are allowed to participate
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(you can confirm that is not what happened if you look through the log of trades/orders)
so what happened to the market orders that have been sent during the first 2 minutes? Why is the second minute of trading vol at 120$?
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they failed to trade because they could not get filled within price bands
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We actually looked at the trades log on FIDA/USDT and we are pretty sure our orders arrived in the matching engine before the first trades in the log at 22:00:05.534999 (HKT), but did not get executed. We are coming up with a detail report.
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see twitter.com/SBF_Alameda/st
they reached the matching engine but like everyone else's, if they were not within price bands, they did not trade