A Central Restrict Order E book (CLOB) is a digital platform or system that facilitates the buying and selling of monetary devices comparable to shares, bonds, commodities, and cryptocurrencies. It’s a key element of recent digital buying and selling and is used on monetary exchanges, markets and buying and selling venues to check purchase and promote orders from totally different market members.
A CLOB is a database that organizes and manages incoming purchase and promote orders by aggregating orders from varied market members. These orders are organized chronologically to create an order ebook that displays the present provide and demand dynamics of the market.
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