Bid-Ask Spread
The bid-ask spread is the gap between the best buy price and the best sell price.
Category
Market Microstructure
These terms cover spread, routing, and execution quality in active markets.
How to recognize this theme
Words that show up when orders are priced and filled.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Maker-Taker
Maker-taker describes a fee model that charges differently for adding or removing liquidity.
Time in Force
Time in force is an order instruction that controls how long an order stays active.
Price Impact
Price impact is the amount a trade moves the market price when liquidity is limited.