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Main => General Discussion => Topic started by: monsterer on June 16, 2015, 08:24:10 am

Title: [ANN] Metaexchange adds Relative Orders!
Post by: monsterer on June 16, 2015, 08:24:10 am

Hi everyone,

We're pleased to announce that Relative Orders have been added to metaexchange markets BTS/BTC and bitBTC/BTC!

Relative orders are limit orders which automatically track the mid-price of the market. They re-price themselves after every single trade and allow market makers to save on the maintenance costs of replacing their orders to track the market. Relative orders cost nothing for the user.

How to use:

Once you've chosen 'Relative' mode, you specify the percentage of the mid-price you'd like your order to track in the 'price' field (from 1% to 255%). Then place your order as normal and they will automatically re-price after every trade.

https://metaexchange.info/markets/BTS/BTC

We'd love to know what you think!

Cheers, Paul.