Author Topic: How Is This Possible?  (Read 362 times)

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Offline armin

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How Is This Possible?
« on: May 04, 2018, 04:30:14 am »


The margin call price is lower than the highest bid, shouldn't it get filled automatically?

Offline armin

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Re: How Is This Possible?
« Reply #1 on: May 04, 2018, 01:00:23 pm »
Figured it out, seems like is a bug and will be fixed next hard fork.

Offline JonnyBitcoin

Re: How Is This Possible?
« Reply #2 on: May 06, 2018, 02:03:07 pm »
margin calls are punished with a bad price (feed - 10%) for not manually closing positions or maintaining collateral.
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Offline xeroc

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Re: How Is This Possible?
« Reply #3 on: May 07, 2018, 08:23:46 am »
... However those margin calls are not executed because there are orders above the price feed .. It's a protection for short squeezes in low-liquid markets
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Offline armin

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Re: How Is This Possible?
« Reply #4 on: May 07, 2018, 09:47:16 am »
Protection in low-liquidity markets, interesting. So it's to prevent the shorts from selling at a really bad price?

Offline armin

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Re: How Is This Possible?
« Reply #5 on: May 10, 2018, 12:06:25 pm »
... However those margin calls are not executed because there are orders above the price feed .. It's a protection for short squeezes in low-liquid markets

This doesn't make sense lol, if there's bids above the price feed then executing the margin call is actually a good deal. How is it protecting against low-liquidity markets?

Offline pc

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Re: How Is This Possible?
« Reply #6 on: May 10, 2018, 03:41:23 pm »
Actually the reason is different (I assume, it isn't spelled out anywhere AFAIK).
The price of the best offer is outside the margin call territory. If the feed price was where the internal market is, the call wouldn't be margin called.
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Offline armin

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Re: How Is This Possible?
« Reply #7 on: May 13, 2018, 11:22:03 pm »
Ok this makes more sense, I'll have to read the BSIP to understand why this was the initial design