Taker

The identifying term for a trader who sets up an order and immediately gets matched with an existing order.

A taker is a trader that places an order for assets and does not have to wait for long so that the order can get matched. Instead, once the order is placed, it is immediately matched with an already existing order. Thus, unlike in the case of the maker, the order of the taker does not remain available until someone else comes along to match it.


Previous term

Support

Read More

Next term