Tag Archives: Bastille Day

The French Rule.

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How BetFair stole Bastille Day from the French —and how Ed Murray became BetFair’s best friend (NOT A HOAX).

- Michael Giberson (professor of economics and chairman of our scientific advisory board): Actually, I would expect the change to improve liquidity, but the real surprise for Ed Murray is that other than his liquidity argument, I pretty much agree … Continue reading

Posted in Exchange & Market Designs, Exchanges & Markets, Market Liquidity, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , | 29 Comments

In a blow to the French, BetFair choose Bastille Day to premiere the revised version of the bet-matching logic of their prediction markets. — IMPROVEMENT MEANS BETTER LIQUIDITY FOR THEIR EVENT DERIVATIVE TRADERS.

- BetFair: Improvements to Betfair’s bet matching logic today, Monday 14th July: What’s changing? We’ve improved the code that matches bets. As well as matching backs against lays as we’ve always done, we’ll also try to match your bet against … Continue reading

Posted in All Best Posts Ever, Exchange & Market Designs, Exchanges & Markets, Explainers, Market Liquidity, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments