Glossary

Book Sweep

A book sweep is an order that consumes multiple price levels in the order book.

Consume several price levels

Plain-English meaning

Book Sweep is used here to describe consume several price levels. In the daily board, the word is grouped by the role it performs rather than by spelling or market popularity.

You may encounter it in a product interface, technical document, risk report, policy paper, or market dashboard. The term is included for recognition and comparison, not as a product recommendation.

Why it belongs with Market Execution Friction

These terms cover routing, depth, delay, and pressure that shape the quality of execution in a trading venue.

When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.

Where you might see it

You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.

Educational vocabulary only. This definition does not provide investment, tax, legal, product, or trading advice.