I just recently found out that only a taker and a maker can be matched to complete a trade.
I used to think that two takers could also be matched.
Suddenly it all makes sense, and I feel pretty dumb.
For example, one taker buy and one taker sell—
in reality, these two can't complete a trade.
This rule at exchanges requires a market maker to be involved.
It also helps me better understand OI, as well as the logic behind price increases and decreases.
View OriginalI used to think that two takers could also be matched.
Suddenly it all makes sense, and I feel pretty dumb.
For example, one taker buy and one taker sell—
in reality, these two can't complete a trade.
This rule at exchanges requires a market maker to be involved.
It also helps me better understand OI, as well as the logic behind price increases and decreases.












