Market Depth Calculation

Market Depth formula:

Fillp=
(  Lv1*Lp1 )  +  ( Lv2 * Lp2)
RV

Where

Fillp = Executed Price
Lv = Layer Volume
Lp = Layer Price
RV = Requested Volume


Example


Requested Volume 6 Lots Buy (entering the Market)

Market Depth Buy Side
LayersBuy VolumePrice
359905
239903
119902
Fillp=
(1*9902) + (3*9903) + (2*9905)
6
Fillp=
(9902) + (29,709) + (19,810)
6
Fillp=
59,421
6
Fillp = 9,903.5

Requested Volume 6 Lots Sell (exiting the Market)

Market Depth Sell Side
LayersBuy VolumePrice
369904
23.59903
10.89901
Fillp=
(0.8*9902) + (3.5*9903) + (1.7*9905)
6
Fillp=
(7921.6) + (34660.5) + (16,836.8)
6
Fillp=
59,418.9
6
Fillp = 9,903.15

IMPORTANT NOTES

  • With traditional Crypto Exchanges, the order book (Market Depth) reflects clients’ limit orders (By and Sell Interest at specified prices), and there is always the possibility that these will not be executed. CryptoGT, on the other hand, uses its aggregation engine to absorb market and trade data from various counterparties (liquidity providers that are willing to accept orders at different sizes with no rejections) in real time, thus providing 100% executable prices.
  • MT5 limit orders do not add liquidity into the order book and are treated only as pending orders to buy or sell a financial instrument at a specified future price. The price specified represents the top of the book price or the lower band of the book price (highest bid and lowest ask prices).  Once a limit order is triggered, it becomes a normal market order and it is transmitted through the order book for execution. The final price depends on the size of the order. This means that if the size is greater than the lower band, the order will be executed at a different price than the one specified when placing the pending order using the formula explained above.

BECOME A CRYPTO TRADER TODAY

CryptoGT is a brand name operated by Hatio Ltd. Hatio Ltd is registered in Marshalls Islands with registration number 90645 and registered address of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marhall Islands MH96960.

Cryptocurrency trading can be extremely risky and can lead to large and immediate financial losses. Crypto assets are highly volatile and can result in significant losses of your capital over a short period of time. Cryptocurrencies markets are unregulated services which are not governed by any specific regulatory framework. The provision of such services is not being directly provided by the Company but through licensed third parties.

CryptoGT does not provide its services to residents of various jurisdictions such as but not limited to the United States of America, North Korea and Cuba.

CryptoGT currently accepts only cryptocurrencies as method of deposit.
 
  • Copyright Hatio Ltd (CryptoGT) 2020