BitShares Forum
Main => General Discussion => Topic started by: cylonmaker2053 on February 22, 2016, 05:40:29 pm
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What exactly is the minimum margin ratio below which short positions are called? And what exactly happens at this point? Are our positions reversed and liquidated at the settlement price, or are they simply put on the market with a bid equal to settlement, or series of lowest asks that'll fulfill the order?
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http://docs.bitshares.eu/bitshares/user/dex-margin-mechanics.html
Great guide btw, never read it before + 1 ; some truths you will never see mentioned anywhere.(more likely to see wrong assurances it ain't so)
Not sure if it covers (the newer) feed/call price condition though.
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http://docs.bitshares.eu/bitshares/user/dex-margin-mechanics.html
Great guide btw, never read it before + 1 ; some truths you will never see mentioned anywhere.(more likely to see wrong assurances it ain't so)
Awesome, thank you! The only thing i'm not seeing is what happens when the call amount is greater than the lowest ask amount? will the automated buy order just keep executing up the order book until completely filled?
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yes, and the actual buy price moves with Short's Quality-of-Punishment Ratio (SQPR) above the current feed price.
the only addition to the guide now is :
Margin Call will trigger only if the feed price is above call price.
[edit] mistakes and clarification.
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yes,
the only addition to the guide now is :
Margin Call will trigger only if the feed price is above the Short's Quality-of-Punishment Ratio (SQPR)
ha, thanks. actually i didn't notice a minimum SQPR that triggers the margin call. What is that ratio in practice? is it the same for every asset?
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yes,
the only addition to the guide now is :
Margin Call will trigger only if the feed price is above the Short's Quality-of-Punishment Ratio (SQPR)
ha, thanks. actually i didn't notice a minimum SQPR that triggers the margin call. What is that ratio in practice? is it the same for every asset?
witness determined; mostly 1.1 now
http://cryptofresh.com/a/BTC
= SQP/100
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yes,
the only addition to the guide now is :
Margin Call will trigger only if the feed price is above the Short's Quality-of-Punishment Ratio (SQPR)
ha, thanks. actually i didn't notice a minimum SQPR that triggers the margin call. What is that ratio in practice? is it the same for every asset?
witness determined; mostly 1.1 now
http://cryptofresh.com/a/BTC
= SQP/100
Great, thank you for the reference!