Q:
Not A Message.
Q:
I have a quick question about the TP. Who gets the items first off the TP?
Example:
Player A enters 200 orders for product A at 01:00 GMT for price 1g.
Player B enters 100 orders for product A at 01:15 GMT for price 1g.
Player C enters 500 orders for product A at 09:00 GMT for price 1g.
Price of Product A becomes 1g at 10:00 GMT. 500 Supplies for product A comes in at 10:00 GMT.
I think this is a simple model. So Who gets their ordered product first? Is this random or…? Ive noticed that it may not be random but I was just wondering what the community thought of this and knew about it.
Thanks.
I’ve been playing the TP for some time now and from what I have been able to speculate is that regardless of time the TP will always fill the lower quantities at the same price first. Then I see same quantity amounts moving through the TP in a LIFO.
Keep in mind that this is pure speculation on my part.
My opinion on this is that the economy would be healthiest if it were completely random. I don’t presently know how it works admittedly though. I thought it was FIFO, but there are plenty of reports otherwise.
I am 100% sure it’s not FIFO. What Athens said is the right answer.
To be honest, I think it should spread the order (at random) over as many offers as possible, however with minimum of 5% of the of the ordered stacksize.
That way people could just sell at the going rate, and not start undercutting because they think their offer will never get out of TP.
Then again, even if I hate people undercutting me, thats the way economy works and I’m not really complaining about that. I just think the economy would be more stable if the TP sold items equally from offers.
It should be FIFO for the lowest price. not sure if it is though…
As much as I love working the TP, IMO it should not be FIFO, but rather in favor of a Round-Robin effect for same price items regardless of quantity. It would be to easy to place 5000+ items on the TP potentially locking up the price and forcing people to undercut.
It SHOULD be FIFO but it isn’t and they are ironing out the bug.
But, as soon as it is FIFO (if indeed that was the original intention) . Plan on seeing mass influx of buy and sell orders by the 1000’s. You think you have to wait long now, just wait…
Don’t get me wrong, I am saving very large amounts of crafting mats in case FIFO is implemented. As a high volume trader, FIFO is great for business. I just think it will hurt the little guy.
(edited by Athens.6125)
I always sell in quantities of 5-10 even if I have 1000 items to sell. This way I have sold quickly even in a long list of thousands.
For buying, FIFO would drive the price up. This is because it would be beneficial to bid above the price to get at the top of the queue. With LIFO, it keeps the price down, because to get to the top of the queue, you just match.
The same goes for selling. FIFO would drive the prices down because people want to undercut the competition (by 1c, most of the time) to have their stuff sell. LIFO, though, you don’t have to undercut to get to the top of the stack.
Whether or not this is a good system is up for debate, though.
I’ve noticed the same as Athens…
I order in bulk of 1000s and will notice smaller orders of like 50-100 being filled before mine occassionally despite my order being on longer.
Conversely, I will notice 1000 orders at a given price and I’ll order 100 and get my order fairly quickly which leads me to suspect that that 1000 order may be more like 50,100,100,250,250,250 of something like that rather than 250,250,250,250.
So yeah, I hope that helps.
tl;dr Athens may be on to something
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