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179: Mike Komaransky – Going All In: The Fixed Income Trader Early to Bitcoin

Chat With Traders

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How to Be First in on an Offer on an Exchange

Many exchanges have a matching algorithm that is FIFO, first and first out. If the offer size is 100 and you're the first 10 and 5 trades up, then you get the first 5. So how do you take advantage of that? You sell the 5 and then you buy 5 somewhere else.

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