When you initiate a play on ProphetX, three potential outcomes can occur, each designed to ensure a transparent and efficient market experience.
- Full Match: If you match a price in the market up to the full amount displayed in the liquidity pool, your play will be fully matched. This means that your entire requested amount finds a counterpart in the existing market, and the play is immediately executed.
- Partial Match: If you match a price in the market for more than the amount displayed in the liquidity pool, your play will be partially matched. In this case, the portion of your play that exceeds the available liquidity is placed into the market, waiting for other players to match the remaining amount. This system ensures that your play is executed to the greatest extent possible while still offering opportunities for additional matching.
- Unmatched Play: If you request a price that is better than all available prices in the market, your play will remain unmatched. In this scenario, your entire play is placed into the market, becoming available for someone else to match. This feature allows you to seek more favorable prices and ensures that your play is visible to other participants who may be interested in matching it.
To enhance your experience, ProphetX offers a convenient notification system. You can set up your settings to receive a text message when your unmatched play gets matched. This feature keeps you informed in real-time, allowing you to stay engaged with the market without needing to constantly monitor it.
These flexible and transparent mechanisms make ProphetX a user-friendly and efficient platform, ensuring that all participants can engage confidently and effectively in the sports exchange market.
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