order book

The list of everyone waiting to buy or sell at each price. When it is thin, price can jump a lot.

The fuller meaning

The live list of resting buy and sell orders at each price. A deep book absorbs trades with little price change; a thin one means bigger jumps between trades, so stops can fill far past their level, which is why thin markets are riskier for stops.

order book.

order book

The fuller meaning

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