hey, I wonder how spot margin works!
There's an hourly auction and a certain amount X is lent, but within the next hour while it is lent the amount borrowed may go up above X. What happens?
Conversation
It is sometimes sad to spot borrow and spot lend the same symbol in tbe same hour TT o TT
1
Replying to
Heh
So in general there is Y demand, and so the Y lowest funding offers will lend.
If X < Y then people might be unable to further open up margin positions.
I mean the instantaneous demand at the auction is not necessarily equal to the max demand within the subsequent hour, and the docs don't really say what happens here
1
Show replies