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Taking SP on unmatched portion of a an order

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  • Taking SP on unmatched portion of a an order


    I'm looking to place lay bets and at the off taking sp for the portion of the bet which is unmatched. Is this "on_market_close"? or have I got that wrong?

    I'm looking for a simple little example really.

    Many thanks,


  • #2
    PersistenceType.MARKET_ON_CLOSE is what I think you need to use.

    But be aware of the minimum liability:

    Exchange: Can I request to ‘Take SP’ on an unmatched lay bet if my liability is less than £10? (Minimum liability)

    Yes, but at the off if the liability on the bet is less than £10 the bet will be cancelled and will not be included in the SP reconciliation.

    For example: As an Exchange layer I decide to lay a horse for £5 (€5) @ 2.0. It is trading at 3.0 so my bet is unmatched. I then request to ‘Take SP’ at the off if my bet is still unmatched at 2.0. The system will allow this request but if unmatched at the off it will lapse.

    Also, if a customer for example asks to lay £50 (€50) at 1.5, convert to SP if unmatched, and £40 (€40) gets taken leaving £10 (€10)lay at 1.5 the balance will cancel at the off. It will not convert into an SP lay bet as the revised balance at the off was less than the minimum £10 (€10) liability allowed for SP bets. Customers will be made aware of this at the off.