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Re:Coinbase announces proposed direct listing by lmm on Thursday January 28, 2021 @09:40PM (#25953031)
You can issue your whole curve as orders, can't you? Something like: buy 50 shares limit $200 on open, buy 50 shares limit $100 on open, buy 100 shares limit $50 on open.
Re:Coinbase announces proposed direct listing by bluedevil2k on Friday January 29, 2021 @07:57AM (#25956759)
There’s only buy orders in these auctions: buy X shares at Y price.
Re:Coinbase announces proposed direct listing by lmm on Sunday January 31, 2021 @02:32AM (#25976917)
The limit is the price. With the "at open" I was thinking about direct listings where you'd need some way to prevent your order being filled after the opening auction (and potentially at a different price), but with an IPO that's not an issue at all. So you should definitely be able to just put your whole curve in.