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Home » Trading » Handling of DDOS or Downtime Add New Post

Handling of DDOS or Downtime

rama published on General Trading 2015-07-14 08:16 1341
Hi,
Suggestion for dealing with both down time and DDOS attacks:


1) When the platform is DDOS'ed and people can not trade, turn off the trading engine.


2) Whenever the platform is down:
A) If the price returns to the same point where it went down, the bring it back up
B) If the price doesn't return within some number of hours, say 24, then force a settlement to occur at the price the platform went offline, cancel all orders, and bring the platform back up.


It seems to be that it would be more fare to force a settlement and cancel orders, then to let a few people trade, while the majority who bet the wrong direction all get margin called.

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