@mulltta
Trading & the market
Order Matching with Mulltta When matching buyers and sellers, an exchange uses an order matching system to make sure that trades are executed in a fair and consistent manner. Centralised cryptocurrency exchanges typically use a **time priority algorithm** to ensure fair matching occurs for all users. https://en.wikipedia.org/wiki/Order_matching_system All open orders are held in orderbooks, and sorted firstly by: https://en.wikipedia.org/wiki/Order_book_(trading) Price and…
