Jerseyl
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Brothers, I have a question about the alpha competition. The threshold for the FHE competition is 6.5, with a threshold of 92711. The statistical time on June 6 is from 8 AM to 12 AM. I looked at the total trading volume during the statistical period on June 6, which is about 80 million, counting both buys and sells. Considering a limit price of 3 times, that's 6 times. There are 13,000 spots available. Assuming all trading volume is limit orders, using 80 million x 6 / 13,000 spots, the threshold would only increase to around 37,000. Why did the final threshold increase to around 120,000? Was it that 13,000 spots were not actually issued, or is there another reason? Can someone explain?
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