Definitions determined in Rulebook complement the definitions in section 1 of Terms and vice-versa.
means Crypto-Assets and/or FIAT currency
means User’s Assets less Tied Assets and Fees, available for trading
means the Asset being traded on the Order Book - the first Asset in the Trading Pair
means a blockchain-based digital currency, app coin or protocol token which is offered for trading on Blocktrade.
means a government-issued currency, such as Euro (EUR).
is the action of completing or satisfying an order for a Trading Pair.
means a state of the platform, where the respective Order Books can accept all types of Orders and order matching functions normally.
Good till Cancelled
is a Time in Force Instruction for the Order where the Order will remain on the Order Book until Filled or cancelled by the User.
means a state of the platform, where the respective Order Books can accept only Limit Orders, typically after maintenance and trading halts.
means an Order to buy or sell a specified quantity of an Asset at a specified price.
means a planned and notified period of time for the purposes of maintenance and/or upgrades of Services.
is price and trade-related data for an Asset reported by Blocktrade.
as defined in DIRECTIVE 2014/65/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 May 2014 on markets in financial instruments.
means an Order to buy or sell a specified quantity of Base Asset at the best available price of existing Orders on the Order Book
within Protection Levels as defined below. In this matter also referred as Market buy Order or Market sell Order.
means an Order which has been placed but not Filled, cancelled or expired.
means a User’s binding instruction to buy or sell a specified quantity of the Base Asset at a specified price in the Quote Asset.
means each central limit order book on which Orders are placed for trading in each Trading Pair.
means application, including but not limited to Apps on the Website, which provides the Services for Users with registered Accounts,
means as described in section 5 of this Rulebook.
determine maximum price increase for a Market buy Order and maximum price decrease for Market sell Order from current best bid/ask
price as defined in article 4 of this Rulebook.
means the Asset in which trading is denominated on the Order Book - the second Asset in the Trading Pair.
means Assets allocated to an Order.
Total Asset Value
means the gross value of all of a User’s Assets expressed in chosen FIAT Currency, based on the last trade price.
This includes Tied Assets.
means a match of two or more complementary buy and sell Orders.
means each pair of a Base Asset and a Quote Asset.
means a natural or corporate person using the Platform.