Cryptocurrency Q&A What is PRC in trading?

What is PRC in trading?

CherryBlossomDancing CherryBlossomDancing Sun Nov 24 2024 | 7 answers 1194
I'm trying to understand the concept of PRC in the context of trading. Could someone explain what PRC stands for and how it's relevant in the trading world? What is PRC in trading?

7 answers

HallyuHype HallyuHype Tue Nov 26 2024
This examination is conducted against a dynamically determined Price Reasonability Range (PRR).

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Eleonora Eleonora Tue Nov 26 2024
By utilizing the best bid/offer prices, the PRC system ensures that the PRR is always based on the most current and accurate market data.

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Nicola Nicola Tue Nov 26 2024
The PRR is not a static value but is calculated in real-time.

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benjamin_brown_entrepreneur benjamin_brown_entrepreneur Tue Nov 26 2024
The calculation of the PRR relies heavily on real-time reference prices.

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Tommaso Tommaso Tue Nov 26 2024
The Price Reasonability Checks (PRC) functionality plays a crucial role in ensuring the validity of new limit orders.

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