Order Book
trading
A real-time list of buy and sell orders organized by price level on an exchange.
1.basic
The order book aggregates limit orders into bids and asks, forming market depth. Trades match when a market order crosses the spread or when opposing limits meet.
2.usage
Traders use order books to assess liquidity, slippage risk, and potential breakout levels.
Related terms
Cryptocurrency Exchange
→A cryptocurrency exchange is a platform for buying, selling, or trading digital assets through crypto or fiat markets.
trading · exchange · platform
Limit Order
→An order to buy or sell an asset at a specified price or better, without guaranteeing execution.
trading
Market Order
→An instruction to trade immediately against available orders, prioritizing execution over a guaranteed price.
trading · exchange
Bid-Ask Spread
→The difference between the highest bid and lowest ask price for an asset.
trading
Liquidity
→How easily an asset can be bought or sold in size without causing a large price move.
finance · trading
Maker vs. Taker Fees
→Learn when maker or taker fees apply, why a limit order can pay both, and how to calculate trading fees with a worked example.
markets · trading
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