Order book: definition and meaning
An order book is a live list of buy and sell orders at different prices for a market.
Why it matters
It shows where traders want to buy and sell and how deep the market is.
Related terms
- Limit order
A limit order buys or sells only at your chosen price or better.… - Bid-ask spread
The spread is the gap between the highest price buyers will pay (bid) and the lowest price… - Liquidity
Liquidity is how easily an asset can be bought or sold without moving its price much.…
Guides that explain more
Educational content only, not financial advice.