What is a Centralised Market?

May 10, 2021 1 min read
What is a Centralised Market?

The main point of centralised markets is that all orders are led to one central exchange with no other competing authority or validator. On centralised markets, the prices of different commodities shown on the exchange are the only prices that are available to the public. The New York Stock Exchange is a good example of a centralised market. All bids (i.e. buy orders) go to an exchange where they are appropriately matched with an ask (i.e. sell orders).

Great! Next, complete checkout for full access to Stake DAO Academy.
Welcome back! You've successfully signed in.
You've successfully subscribed to Stake DAO Academy.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.