Blog

News, guides and updates from XFasil.

Inside a matching engine: which order is filled first, what makers and takers are, and why partial fills happen.

Market makers keep buy and sell orders on both sides of the book. How they earn, what risks they take and why markets need them.

Price differences between exchanges, spot and futures, or coins and their wrapped versions are closed by arbitrage.

Forced closing of leveraged positions can push prices further, triggering more liquidations. How the chain reaction works.

Daily ranges, standard deviation and implied volatility: the main ways to measure how much prices move.