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Sell order matched buy order but didn't sell

Author
Nikku Okami
Hendrix Angels
#1 - 2012-06-07 17:32:54 UTC
I placed a sell order for an item at a station that had a buy order for the item. I had it in advanced mode but didn't change any of the settings but made sure that the sell price matched the price on the buy order, which it did automatically. Upon placing the order, the buy order immediately disappeared but my item didn't sell and the sell order showed up in the list as still available.

This is the first time I have sold something to match a buy order and my understanding was that it should sell to the matching buy order immediately? Does it sometimes take a while to go through? Or did using advanced mode mess it up somehow?
Bath Sheeba
Another Success Story
#2 - 2012-06-07 17:52:53 UTC
Could someone else have sold to it at the same time?

David Goldstein
Golden Oak Amalgamated
#3 - 2012-06-07 17:54:43 UTC
It looks like yet another Margin Trading scam.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#4 - 2012-06-07 18:03:57 UTC  |  Edited by: Johnny Frecko
not a margin scam if the buy order disapeared and the sell order is posted.
edit; this ^ last phrase turned out to be wrong. explaiend later in the thread.

so far so good.
could be old cache still showing the order up(someone filled it and your market page didn't refresh fast enough when you sold it).
it's rare, but can happen.
Nikku Okami
Hendrix Angels
#5 - 2012-06-07 18:04:32 UTC  |  Edited by: Nikku Okami
I think it's unlikely that someone else sold it at exactly the same moment but I suppose it's possible.

What is a Margin Trading scam and how does it work?

Must have been some kind of glitch like the page not refreshing. Oh well, not a disaster. I can still make a profit if I just lower the price slightly lower than others in the region.
Ben Bernank
The Goldman Sachs
#6 - 2012-06-07 18:20:08 UTC  |  Edited by: Ben Bernank
Johnny Frecko wrote:
not a margin scam if the buy order disapeared and the sell order is posted.

so far so good.
could be old cache still showing the order up(someone filled it and your market page didn't refresh fast enough when you sold it).
it's rare, but can happen.


He might have changed the sell order duration when he had the advanced order window open instead of using immediate. The sell won't process at all with a margin-scam-buy-order if the sell is set for immediate, if there was any duration though it'll show up in the sell list after the buy order fails.

OP see this thread:

https://forums.eveonline.com/default.aspx?g=posts&t=18942&p=1
Nikku Okami
Hendrix Angels
#7 - 2012-06-07 18:33:00 UTC
That sounds like what may have happened. Not sure if there was a duration set but there quite likely was. Doesn't sound like it was a margin scam though as it was for just 1 item and I bought the item about 15 jumps away from where the buy order was. There are also a number more items for sale at just slightly cheaper prices in the region. The buy order must have just failed for some reason.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#8 - 2012-06-07 19:18:53 UTC
In any regard
Once you eliminate the impossible, what ever remains, no matter how improbable, must be the truth.

So considering it didn't magically disapear, you know the answers.
all of which could have happened. we just can't know for sure ;)
trade safe o/
malaire
#9 - 2012-06-08 07:08:43 UTC
Johnny Frecko wrote:
not a margin scam if the buy order disapeared and the sell order is posted.

Wrong.

If you make sell order and there is matching buy order which can't be fulfilled because owner doesn't have enough ISK in wallet (i.e. Margin Trading scam), that order will disappear and your sell order is placed on market.

If you try to sell directly to that buy order (i.e. not making a sell order) then that order would just disappear and you would get your item back at once.

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Nikku Okami
Hendrix Angels
#10 - 2012-06-08 17:04:36 UTC
Whether or not it was supposed to be a Margin Trading Scam, it hasn't really made much difference to me as I was still able to sell it at a reasonable profit.

It has also taught me not to rely on a single buy order for something, but to make sure that there are several or that I'll be able to sell it at a profit without the order.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#11 - 2012-06-08 17:14:26 UTC
malaire wrote:
Johnny Frecko wrote:
not a margin scam if the buy order disapeared and the sell order is posted.

Wrong.

If you make sell order and there is matching buy order which can't be fulfilled because owner doesn't have enough ISK in wallet (i.e. Margin Trading scam), that order will disappear and your sell order is placed on market.

If you try to sell directly to that buy order (i.e. not making a sell order) then that order would just disappear and you would get your item back at once.



hmm intresting. I humbly apologize.
Claire Voyant
#12 - 2012-06-08 17:36:02 UTC
Not having enough isk in your wallet to cover the margin is not always a scam. In the world of high finance we call that a liquidity crunch.