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Order Book

Electronic record of all outstanding buy and sell orders organized by price level and time priority.

An order book is a digital ledger displaying buy and sell orders for an asset at various price levels, reflecting market depth.

In oil derivatives markets, the order book helps traders assess liquidity, supply-demand imbalances, and potential price levels for execution.

Real-time monitoring supports strategy formulation, arbitrage, and risk management. Order book transparency enhances market efficiency.

Traders often combine order book insights with technical and fundamental analysis.