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Offline alt

can we set the cover order's expire date to a random date?
« on: January 11, 2015, 02:17:37 AM »

the expire date for cover order  is too close, it's not good for peg.
if we can dispersed it at a date between 30days to 60 days, I think it's more better

Offline xiahui135

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can we set the cover order's expire date to a random date?
« Reply #1 on: January 11, 2015, 02:33:34 AM »
It sounds good. If the expire date is unexpectable, it will be harder to gamble for those owning large scale bts. This help peg.

Offline abit

Re: can we set the cover order's expire date to a random date?
« Reply #2 on: January 11, 2015, 02:40:35 AM »
the expire date for cover order  is too close, it's not good for peg.
if we can dispersed it at a date between 30days to 60 days, I think it's more better
How about a self-defined date in a limited range?

I don't like this kind of random values.
I want to know the expire date before I place the order, not afterwards.
« Last Edit: January 11, 2015, 02:43:42 AM by abit »
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Offline 天籁

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Re: can we set the cover order's expire date to a random date?
« Reply #3 on: January 11, 2015, 03:00:18 AM »
I prefer the following:

1 month expire date with 3%+ annual interest rate
3 month expire date with 6%+ annual interest rate
6 month expire date with 10%+ annual interest rate

Offline toast

Re: can we set the cover order's expire date to a random date?
« Reply #4 on: January 11, 2015, 04:02:53 AM »
It'll smooth out with higher volume. Incentive to maintain the peg doesn't change.

Definitely no interest rate fixing...

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Offline xiahui135

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Re: can we set the cover order's expire date to a random date?
« Reply #5 on: January 11, 2015, 08:56:55 AM »
I wonder this topic BM will read or not.

Offline bytemaster

Re: can we set the cover order's expire date to a random date?
« Reply #6 on: January 11, 2015, 03:25:14 PM »
This will occur naturally. 
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Offline biophil

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Re: can we set the cover order's expire date to a random date?
« Reply #7 on: January 11, 2015, 03:26:55 PM »
It'll smooth out with higher volume. Incentive to maintain the peg doesn't change.

Definitely no interest rate fixing...

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It wouldn't be rate fixing if people could pay for longer expiry. No rate premium for 30 day expiry; 2x premium for 60 day expiry, 3x for 90 days, etc.

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Offline Troglodactyl

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Re: can we set the cover order's expire date to a random date?
« Reply #8 on: January 11, 2015, 07:54:49 PM »
Seems like unnecessary complexity and uncertainty.

Offline islandking

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Re: can we set the cover order's expire date to a random date?
« Reply #9 on: January 11, 2015, 07:56:04 PM »
This seems unnecessary. It works fine the way it is.
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Offline Ander

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Re: can we set the cover order's expire date to a random date?
« Reply #10 on: January 11, 2015, 08:45:55 PM »
If shorts were forced to cover at random and unpredictable times, it would make shorting much less desirable and hurt adoption greatly.  If you take out one side of the market, there is no market anymore.
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Offline abit

Re: can we set the cover order's expire date to a random date?
« Reply #11 on: January 12, 2015, 03:13:37 AM »
If shorts were forced to cover at random and unpredictable times, it would make shorting much less desirable and hurt adoption greatly.  If you take out one side of the market, there is no market anymore.
Agree.
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Offline xiahui135

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Re: can we set the cover order's expire date to a random date?
« Reply #12 on: January 12, 2015, 06:07:48 AM »
longer time needs more interest. This seems better.

Offline joele

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Re: can we set the cover order's expire date to a random date?
« Reply #13 on: January 12, 2015, 08:56:26 AM »
... No rate premium for 30 day expiry; 2x premium for 60 day expiry, 3x for 90 days, etc.


+5%
An option to extend the expiry date and pay the extension fee.
« Last Edit: January 12, 2015, 08:58:15 AM by joele »

 

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