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> What's the mechanism for removing liquidity? Liquidity removal = market order Liquidity providing = limit order (not immediately executable)
by cheonic730 2y ago
> What's the mechanism for removing liquidity?
Liquidity removal = market order
Liquidity providing = limit order (not immediately executable)
- usefulcat 2y agoThe order type is a red herring (you can take liquidity with a limit order). The only difference between an order that removes liquidity and an order that adds liquidity is whether it executes upon arrival (removing liquidity) or rests on the order book on arrival (adding liquidity).