impacts the amount you pay as a result of “slippage”. Large trades are aggregated over a number of buyers and/or sellers. This means the execution price ends up as an average of the lot. OVEX, on the other hand, is thein every trade made on the exchange . This means you lock in one single price for any trade – regardless of the volume. This price-lock feature is why the OVEX platform does not offer an open order book.also determines the price you pay.
Takers, on the other hand, “take” the trade inventory that the makers “make”. Basically, they execute a “market order” – an instruction to buy/sell the asset at the current market price. These takers are charged high fees for. Instead the exchange itself leverages its deep liquidity to act as the counterparty in every trade and offer its users the best execution price.
Summing it up, makers are the traders that create orders and wait for them to be filled, while takers are the ones that fill someone else’s orders. The key takeaway here is that
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