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BID and OFFER orders are not visible in BTC/USD |
SFXbernhard
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Post subject: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Tue 24 Apr, 2018, 00:14
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User rating: 21
Joined: Thu 19 May, 2011, 20:50 Posts: 413 Location: Germany, Munich
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SFXbernhard
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Post subject: Re: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Mon 07 May, 2018, 13:42
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User rating: 21
Joined: Thu 19 May, 2011, 20:50 Posts: 413 Location: Germany, Munich
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Any news on this? Why is this not possible?
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Jester
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Post subject: Re: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Mon 07 May, 2018, 15:44
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User rating: 0
Joined: Thu 09 May, 2013, 18:38 Posts: 11 Location: SerbiaSerbia
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It will not work on BTC/USD because of specific instrument settings. The spread is wide and we are trying to avoid fraud transactions.
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SFXbernhard
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Post subject: Re: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Mon 07 May, 2018, 23:31
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User rating: 21
Joined: Thu 19 May, 2011, 20:50 Posts: 413 Location: Germany, Munich
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What is wrong if we quote a price inside the spread? Isn't this the innovation of place bid/ask orders, so we can match with other participants on your platform. Dukascopy is just the match maker, creating 2x commissions from the place bid/offer maker and from the market taker. Please review this decision. Also commenting this in place bid/offer description would be very helpful.
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Platform Support
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Post subject: Re: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Fri 25 May, 2018, 15:31
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JForex Master | |
User rating: ∞
Joined: Wed 16 Sep, 2009, 18:23 Posts: 1054 Location: Geneva, Switzerland
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The problem is in the wide spread indeed. When the user puts a place bid or offer inside the spread, it narrows the spread. As a result one side gets static until someone hits that price or the order gets outside of the market spread. Taking into account the low liquidity so far, that would make the chart look ugly and most of the users would think that some technical problem has happened on our side.
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SFXbernhard
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Post subject: Re: BID and OFFER orders are not visible in BTC/USD |
Post rating: 0
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Posted: Tue 29 May, 2018, 11:12
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User rating: 21
Joined: Thu 19 May, 2011, 20:50 Posts: 413 Location: Germany, Munich
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