What are the differences between AON (All or None) trading and regular trading in the digital currency space?
RISHIKA RANYALNov 25, 2021 · 3 years ago3 answers
Can you explain the key differences between AON (All or None) trading and regular trading in the digital currency space? How do these two trading methods affect the execution of orders and the overall trading experience?
3 answers
- Nov 25, 2021 · 3 years agoAON (All or None) trading and regular trading in the digital currency space have some important differences. AON trading means that the entire order must be executed in full or not at all. This means that if you place an AON order to buy 10 BTC and there are only 5 BTC available at the desired price, the order will not be executed. On the other hand, regular trading allows partial execution of orders. If you place an order to buy 10 BTC and there are only 5 BTC available, you will still get those 5 BTC and the remaining 5 BTC will stay as an open order. AON trading ensures that you either get the entire order or none of it, while regular trading allows for partial execution.
- Nov 25, 2021 · 3 years agoWhen it comes to the execution of orders, AON trading can be more challenging than regular trading. Since AON orders require the entire order to be executed in full, it may take longer to find a match for your order. This can result in delays and potentially missed trading opportunities. On the other hand, regular trading allows for immediate execution of available quantities, which can be more convenient and efficient. However, it's important to note that AON trading can be beneficial in certain situations where you want to ensure that you get the entire order at the desired price, even if it means waiting longer.
- Nov 25, 2021 · 3 years agoAt BYDFi, we believe that AON trading can provide additional security and control for traders in the digital currency space. With AON trading, you have the assurance that your order will only be executed if the entire order can be filled. This can help prevent partial execution and reduce the risk of unfavorable price movements. However, it's important to consider your trading goals and preferences when choosing between AON trading and regular trading. Both methods have their own advantages and disadvantages, and it's essential to understand how they work before making a decision.
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