An order listed on the sell side of the order book.
An order listed on the buy side of the order book.
The base currency is the first currency of the currency pair, for example in the pair ETH-BTC, ETH is the base currency. If you are choosing to place a Buy order, the base currency is the currency you are buying. If you are choosing to place a Sell order, the base currency is the currency you are selling.
A market where the price is moving down.
A market where the price is moving up.
A cancelled order is an order that has been withdrawn from the order book without being fully filled.
In a currency pair, the value of the base currency is displayed relative to the quote currency. Also called a market, the currency pair is priced in terms of the quote currency and the price indicates how much of the quote currency is required to buy one unit of the base currency.
To fill a buy or sell order is to execute the order by matching it with one or more orders of the opposing type. Buy orders are filled by matching with sell orders (and vice versa). When an order is completed, it is then 100% filled. An order can also be partially filled and will then still appear in the Open orders list.
A buy or sell order that will only fill when the price reaches the price specified in the order.
A term that describes the amount of activity on a market. High liquidity means a high volume of activity in a market where many parties are willing to take the other side of a trade.
The abbreviation for moving average convergence/divergence, MACD is a trading indicator used in technical analysis of exchange prices. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a market's price.
A trader who adds liquidity to the order book by placing a limit order that is not matched or filled immediately with an existing order on the order book.
A market order is an order that is placed to buy or sell at the best available market price.
A trader who removes liquidity from the order book by placing an order that is immediately matched with an existing order on the order book.
Open orders can be either 100% unfilled, or partially filled. Once an order is 100% filled, it will move to the Completed Orders listing.
The order book is a list of all open buy and sell limit orders, which is used by the Coindirect exchange to fill orders on a specific market.
The quote currency is the second of the currency pair, for example in the currency pair ETH-BTC, BTC is the quote currency. If you are choosing to place a Buy order, the quote currency is the currency you are selling. If you are choosing to place a Sell order, the quote currency is the currency you are buying.
The trade history section of the order book is a chronological list of the most recent trades executed on the market.