Line automover for liquidity providers

[joansigh]

An idea that could lead to more seeders wanting to onboard with the exchange, and the exchange taking on more volume: a line automover.

For example let's say seeder is willing to offer 5k at all CFB lines using at -105. If one of the orders gets taken, normally the seeder would have to have one of their traders determine a new price to offer the game at again, which is a manual process. However many liquidity provides have their own internal pricing algorithms / automovers. And rather than having a trader determine the price to re-offer the game at, maybe their automover will just put out say, -115.

With an automover as part of the protocol, liquidity providers can take on more action, and the automover will also reduce the amount of manual work that seeders will have to do.

[druspencer]

Hi @johnasiano this sounds like a really useful tool. Whilst probably not particularly suited to sitting within the protocol itself it would definitely be a tool that can be built with the client as it stands and perhaps even into the client itself depending on the requirements.