For a brief period today, BitCNY was trading at a huge premium to real CNY. I entered a couple small shorts to try to take advantage of the opportunity, and it looks like it worked, but I wanted to get it from a dev:
When a bitAsset trades at a premium, do shorts fill at the price feed, or do they fill at the ask price (which is below the price feed)? Obviously, it is absolutely crucial that the answer be the latter. It's not usually been an issue for BTS because most of the time, BitAssets trade at a discount. But if they suddenly start trading at a premium, it's essential that people can profit by short selling.