Am I correct in saying that on third party exchanges, such as bter.com which trade BTC/bitUSD the market peg is not in place as it's just a simple exchange, the same as any alt coin, and this is the cause of the unwanted volatility we have seen on bter?https://bter.com/trade/BITUSD_USD
I had thought we want to have bitassets on as many exchanges as possible to increase demand and go to potential buyers, rather than having them come to us.
However, I'm now wondering if bitassets being added to third party exchanges could be harmful, as the market peg is not in place there, is it? Or do we think the price on other exchanges will stay close enough to the decentralized exchange price for it to be worth the risk, after all it is still pretty stable on bter. Or is the 'market peg' in place there in a way I am not understanding?