2/3 While the candle gives the impression that liquidity was exhausted between $8-12k, the wicks on either side are hollow. A trade executed at the high and low but there were not trades throughout and there were no other orders that were not matched that should have been.
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3/3 Stops in the range of $8-12k were triggered. Stop market orders were correctly filled at market price (best bid/ask available). For questions about this incident as it relates to your account, please submit a support ticket: support.kraken.com/hc/en-us/reque
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yea that was a trap....
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We intend to fix the bug before we resume the beta. Would you prefer no testing? All production code in the world is being tested all the time. This order type saw thousands of tests over months before being pushed to the limited production beta.
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What about them?
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If your stop market order was triggered and you did not understand that market price means ANY price, or you otherwise feel like the exchange is at fault for something, please submit a support ticket.
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Trading yesterday was fairly tight so worst case some people unintentionally market bought and then market sold at a <1% diff. Best case some people are happy because the market moved favorably for them since. We always want to help people better understand how the system works.
Really... assuming everyone was in a scalp position with tight stops? No one was in a swing position with loose stops above or below highs/lows?
Idiot.
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Doesn’t matter where their stops were. What matters is the cost to unwind an unintended but unfavorable trade, which would have been very low. $11k stop triggered market sell netting $10,000, re-bought at $10,100/$9900 means 1% loss/gain.
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you are lieying and you know it, people got liquidated on a glitch and bug in your system, your arrogance will be your downfaal eventualy, see you in court