📖Order Book basics

Displays all the live resting orders available on a market

What is an Order Book?

An order book is a list of all the buy and sell orders for a particular market. It lets traders specify the price they’re willing to pay (or accept) and the number of shares they want to trade. This feature is transformational because it offers a structured way to match trades and provides transparency into market depth

Viewing the Order Book

• Sell orders are standing offers to sell shares. You can immediately match with that offer to purchase shares.

• Buy orders are standing offers to buy shares. You can provide your own "resting" offer to buy at the same price.

• Spread is the difference between the highest Sell and the lowest Buy price.

Market

Placed immediately at the best available prices. Perfect when you don't care about setting exact prices.

Make a Limit Order

Limit orders only trigger if the market hits your set price.

Step 1: Set Your Price: Enter the price at which you are willing to buy (or sell, if you’ve selected to sell) shares.

Step 2: Specify Quantity: Enter the number of shares you want to buy or sell at that price.

Step 3: Place Your Order: Click ‘Buy’ to submit your order.

Cancel Order

If your order is still waiting to be matched and you no longer wish to proceed, you can cancel the order at any time without incurring any fees.