Author

Topic: Question about MtGox orders (Read 1199 times)

full member
Activity: 182
Merit: 107
April 26, 2011, 09:24:52 AM
#4
how are sell orders processed when there are numerous offers @ same price

which offer is picked first?

I believe it's a first-in-first-out system.  In other words, if multiple offers are present at the same price, it will use the first offer that was placed.  (Or, if that offer would not complete your offer, it will take the first N offers.)
hero member
Activity: 698
Merit: 500
April 26, 2011, 09:22:25 AM
#3
how are sell orders processed when there are numerous offers @ same price

which offer is picked first?
legendary
Activity: 1246
Merit: 1016
Strength in numbers
February 25, 2011, 12:42:41 PM
#2
A quick question about mtgox, I placed an order to buy (at 0.91) and don't have enough funds, I also have an order to sell btc I do have. If my btc sell order is fulfilled, and as a result I have enough usd in my account, does the order(without enough funds) now get made into a proper order?

Yep, it waits for funds from any source and becomes active automatically. Partial funding results in a partial order.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
February 25, 2011, 09:29:07 AM
#1
A quick question about mtgox, I placed an order to buy (at 0.91) and don't have enough funds, I also have an order to sell btc I do have. If my btc sell order is fulfilled, and as a result I have enough usd in my account, does the order(without enough funds) now get made into a proper order?
Jump to: