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Some good advice but how would you know the difference between one dude with a fat finger and infrastructure problems? You don't present any evidence for your alternative theory. Nobody has made claims of orders not matching properly. Company has denied problems. What gives?
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Didn't Kraken suffer infrastructure problems at the time that prevented people from placing extremely attractive buy orders to purchase ETH at a small discount to other exchanges. Did API latency not spike?
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Replying to @jespow and @CarpeNoctom
But... we know you had infrastructure problems during the event.
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2/ if API latency spiked - then the Kraken infrastructure problem is entirely responsible for the price discrepancy. This infrastructure lag prevents would-be buyers from keeping the ETH price on Kraken closely in line with other exchanges.
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3/ fat fingers can explain a momentary (literally <250 ms) price discrepancy, but within half a second, arbitrageurs step in to buy the liquidations or fat finger. They don't place those bids if your system doesn't allow them to.
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You can't buy liquidations or fat fingers after they happen. You have to be sitting in the book with maker orders at the time the taker orders go in.
<400 milliseconds after Kraken ETH is trading at a substantial discount to other exchanges, algorithmic traders would be buying up all the discounted Kraken ETH they can get their hands on, forcing any large arbitrages to exist for <1 second. (absent infrastructure lag).
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What does the 9 second lag between the last 700$ eth trade and the next 834$ trade mean
lowstrife always has the receipts
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