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https://twitter.com/icbit_se/status/464485794368212992
Topic: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE - page 2. (Read 97654 times)
Three new requests added to the HTTP API:
If there is anything else necessary - please don't hesitate to let us know.
- Fetching order book for a particular trading instrument
- Getting a list of your orders
- Account balance and open positions
If there is anything else necessary - please don't hesitate to let us know.
Work on HTTP API implementation is going on and today we deployed first two API requests - to create and cancel an order. The authentication process is very similar (technically the same) as the one used by Bitstamp, which should save you time if you already have bots trading in Bitstamp.
Other API requests will follow. Please let us know if you like something specific. Your feedback is highly appreciated, as usual.
Other API requests will follow. Please let us know if you like something specific. Your feedback is highly appreciated, as usual.
Dear API users!
Two new order statuses will be added soon: PendingCancel and PendingNew (https://icbit.se/api ).
So that the order workflow will be:
Pending New -> New or Rejected -> Filled or Partially Filled or Pending Cancel -> Canceled.
Please prepare to handle the new statuses properly in your software.
And more cool improvements to come!
Two new order statuses will be added soon: PendingCancel and PendingNew (https://icbit.se/api ).
So that the order workflow will be:
Pending New -> New or Rejected -> Filled or Partially Filled or Pending Cancel -> Canceled.
Please prepare to handle the new statuses properly in your software.
And more cool improvements to come!
Hello ICBIT and all traders!
BitcoinSites.Org reviewed your bitcoin and futures exchange. bitcoinsites.org/icbit
BitcoinSites.Org reviewed your bitcoin and futures exchange. bitcoinsites.org/icbit
What was the BUJ4 settlement? Can we get that datum shared?
BUJ4 settled 2014-04-18, at 20:00 UTC time.
Settlement price was $484 (calculated in contract price units without rounding as 1 hour volume weighted average price based on transactions info provided by Bitstamp API).
Total traded volume over the lifespan of contract was $3,700,120.
Now a new near month contract is launched, BTC/USD-5.14 (BUK4). Happy trading!
What was the BUJ4 settlement? Can we get that datum shared?
Services are back to normal state. The purpose of the update was to bring stability of the system to a higher level.
Trading may be down for a few minutes due to software updates deployment aimed to resolve networking issues we were having recently.
I was not able to confirm if the 0.0001 BTC/ Trade or Settlement is the only fee, or if there are overnight-fees ect.
We had a few contracts running with the so-called clearing fee (taken twice per day when holding the position "overnight") in the past. However all presently trading contracts don't have any clearing fee and only have fixed per trade fee and final settlement fee.
I was not able to confirm if the 0.0001 BTC/ Trade or Settlement is the only fee, or if there are overnight-fees ect.
Could you please clarify that for me?
Thanks
Could you please clarify that for me?
Thanks
BTC/USD-3.14 settled at $636.75, with an amazing trading volume $31.7M.
Thank you so much for trading, and we hope to provide an even better service for newer contracts, and to reach new all-time-highs in volumes and prices.
Thank you so much for trading, and we hope to provide an even better service for newer contracts, and to reach new all-time-highs in volumes and prices.
- Polarity sign is added to the right of the volume in T&S window and denotes the direction of an order which initiated this trade: + for buy order and - for sell order.
It's quite simple: imagine that orderbook consists of one limit order. And a new one comes, which matches the existing order. In this case, the trade will be marked as "buy" or "sell" according to that new order.
Sounds good?
And who "initiated" the trade? The one who posted the limit order (the first to act, one possible meaning of initiating), or the one who takes it and actually cause the trade to take place?
The one who takes the bus/sell offer and causes the trade to take place.
- Polarity sign is added to the right of the volume in T&S window and denotes the direction of an order which initiated this trade: + for buy order and - for sell order.
User interface updates:
- Fixed the issues with orders list updates. Now all possible situations where an order would be listed twice, or orders state is displayed out of date are fixed.
- Own trades are bold in the Time & Sales window
- Polarity sign is added to the right of the volume in T&S window and denotes the direction of an order which initiated this trade: + for buy order and - for sell order.
Original posted here.
MtGox exchange will not be included in settlement price calculation for BUG4 and BUH4 contracts unless their BTC deposit/withdrawal problems will be completely solved before 07 Mar 2014. We understand that not everyone will like this decision, but we have no choice because MtGox is clearly detached from bitcoin economy AND, judging by their latest press-release, they can't provide any details about time required to enable normal operations once again. Our settlement rule for BUG4 clearly says "operating exchange", and MtGox doesn't meet that requirement at this moment. As far as we know, many other bitcoin services already excluded MtGox from their price index.
Usually we would refer to Bitcoincharts for this type of settlement, but there is a strong evidence that Bitcoincharts service is owned by or related to MtGox, and thus cannot be used as a point of reference.
MtGox exchange will not be included in settlement price calculation for BUG4 and BUH4 contracts unless their BTC deposit/withdrawal problems will be completely solved before 07 Mar 2014. We understand that not everyone will like this decision, but we have no choice because MtGox is clearly detached from bitcoin economy AND, judging by their latest press-release, they can't provide any details about time required to enable normal operations once again. Our settlement rule for BUG4 clearly says "operating exchange", and MtGox doesn't meet that requirement at this moment. As far as we know, many other bitcoin services already excluded MtGox from their price index.
Usually we would refer to Bitcoincharts for this type of settlement, but there is a strong evidence that Bitcoincharts service is owned by or related to MtGox, and thus cannot be used as a point of reference.
Site appears broken (i.e., no orderbook data, time & sales blank, trollbox blank, etc.)
So, ... bump on this request:
So, ... bump on this request:
If there is a maintenance outage, there should be some message displayed on the site. And there should be some communication of status out-of-band, ... perhaps here on this thread, or/and on the @ICBIT_se Twitter account maybe?
Yes, we are working on the frontpage layout rearrangement, and it will feature all possible OOB channels so that people are actually aware of them.
Site appears broken (i.e., no orderbook data, time & sales blank, trollbox blank, etc.)
So, ... bump on this request:
So, ... bump on this request:
If there is a maintenance outage, there should be some message displayed on the site. And there should be some communication of status out-of-band, ... perhaps here on this thread, or/and on the @ICBIT_se Twitter account maybe?
Now what impact Mt. Gox will have on settlement day will be determined by the (24 hour) VWAP at Mt. Gox at the settlment time (20:00 UTC) on that day. So if the top three (volume of BTC/USD) are Mt. Gox, BTC-E and Bitstamp and the (24 hour) VWAP at each is 600 (Mt. Gox), 750 (BTC-e) and 750 (Bitstamp) then the average of those three is 700 (2,100 / 3) and that becomes the final settlement price.
That is why I asked. The Ask is currently around $625 BTC/USD. If I calculated the weighted average correctly, it is around $525. So, assuming that MtGox does not recover this week and volume is proportionate, you can buy USD (sell BTC) at $625 BTC/USD, and the close out of the contract will be a sell USD (buy BTC) around $525 BTC/USD. Seems like an interesting risk trade for 1 week.
Maybe go short BTC on ICBIT Feb contract and go long BTC on a leveraged position somewhere else to hedge the price movements.
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