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Why did you edit away your claim that it is to the benefit of the customers? Being a market-maker and being able to void any trades that occur during volatile
by gd1 13y ago
Why did you edit away your claim that it is to the benefit of the customers? Being a market-maker and being able to void any trades that occur during volatile periods sounds like a dream to me. No need to worry about adverse selection eh? Just printing cash with fat bid-ask spreads and if anyone dares to get the jump on you, they get voided. I wish I could do that in the real markets.
- BSousa 13y agoI can't speak for all companies, but some companies I worked with with honour those bets (places just a second before the goal). They try to find a pattern and ban the users after they find them doing this (and it is getting harder since live feeds are faster and faster) but I never saw a company voiding a bet because of this.