Author Topic: Liquidity Condition  (Read 2076 times)

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Liquidity Condition
« on: Tue, 08 January, 2013, 14:37 »
Hi all,

Can I ask what people consider to be a reasonable condition to use to ensure a bet is being placed at a price near to optimum market value? (Note - the majority of my trading is in in-play tennis markets).

Currently I have set a condition for the lay book to be above c99% and the back book below c101% which does work in theory. However this could cause an issue if one of the selections does not have a competitive price or even if it has no available price at all.

Is the back/lay book %ages the correct condition to use or does anyone else have any better suggestions?

Thanks for your help.
Dan

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Re: Liquidity Condition
« Reply #1 on: Tue, 08 January, 2013, 15:19 »
Hi
You could also confirm the gap between back and lay prices is minimal:
and selection's trigger expression g_ticks(back_price,lay_price) is less than x ticks
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Re: Liquidity Condition
« Reply #2 on: Wed, 09 January, 2013, 07:23 »
back book % or lay book %

For me the greyhound market is not formed until the back book is less than 107%
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Re: Liquidity Condition
« Reply #3 on: Wed, 09 January, 2013, 10:38 »
Thanks for the info - appreciated.
Dan