4 ms·
It is peg, not keg. Peg refers to an order where the limit price is automatically adjusted to some benchmark. For instance, you always want to be 1 penny away f
by frankc 13y ago
It is peg, not keg. Peg refers to an order where the limit price is automatically adjusted to some benchmark. For instance, you always want to be 1 penny away from the best bid. I don't know specifically what "power peg" is, though.
- meepmorp 13y agoI seem to have misread, but not in a way that markedly distorts things.
- ycombobreaker 13y ago"Powder Keg" is a very marked distortion of "Power Peg".
- JonnieCache 13y agoIn the context of this story though, it's very apposite. I did the same thing. Quite disappointed after I read it correctly.
- meepmorp 13y agoConsidering how it blew up the company, it's an apt misreading.
- mooted1 13y agoHa, did the same thing. Had to do a double take.
- nkoren 13y agoA Freudian flip?
- michaelmior 13y agoAlso "power" not "powder"