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Message-Id: <1C8EEC93-776D-46F7-8B72-62035EE7CE00@jrbobdobbs.org>
Date: Mon, 27 Jun 2011 21:54:05 -0500
From: Doug Huff <dhuff@...obdobbs.org>
To: full-disclosure@...ts.grok.org.uk,
"Mt.Gox" <info@...ox.com>
Subject: Live mtgox.com trade matching bug.
Step 1: Have USD available for spending on mtgox.com.
Step 2: Put in a buy order large enough to drain your account. Low enough under the current trading price that it will not execute immediately.
Step 3: Withdraw all USD funds.
Step 4: Wait for market to fall enough to meet your order.
Step 5: ...(self explanatory)...
There's a bit of luck in being able to take advantage, obviously.
I would suggest you take the site down asap until this is corrected or publicly show how this order will never execute:
==========
Welcome <username removed> 0.00000000 ฿TC 424.44901
Buying 138468.901 0.01 Active 1384.69 06/26 15:27 cancel
==========
I cannot guarantee this order will execute but from everything I've observed about the new trade matching code I have no reason to believe it will not.
At the very least this could be used to influence market conditions if it is only a display bug.
--
Doug Huff
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