InTrades Software Glitch? – [See Jason Ruspinis comment, at the bottom of the post.]

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Here is a beauty from InTrade, 12 hours ago: Bids and Asks at the same price. Looks like the &#8216-ol InTrade price-matching mechanism is working great.

Signed: Deep Throat

Editor&#8217-s Note: Here&#8217-s a new screen shot, taken this Saturday early morning (US Easter: 2:50 am).

Jason Ruspini:

Actually it’s working fine. This means the same trader has a bid and offer at the same price. Otherwise traders would be able to manufacture bogus volume by trading with themselves.

3 thoughts on “InTrades Software Glitch? – [See Jason Ruspinis comment, at the bottom of the post.]

  1. Jason Ruspini said:

    Actually it’s working fine. This means the same trader has a bid and offer at the same price. Otherwise traders would be able to manufacture bogus volume by trading with themselves.

  2. Chris F. Masse said:

    @Jason Ruspini: Thanks, Jason. I have updated the post.

  3. medemi said:

    You mean the yanks have safeguards in place to prevent people from self-matching ?

    Hmmm, they are way ahead of us, like WBX for instance, IMO.

    Never lost faith in the Americans tbh.

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