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Independent educational resource

How the trading workflow works

Understand the steps between a wallet request, an order and a recorded position.

Published: · Lincare

Orders are instructions

An order expresses instructions under the venue’s rules. Submission is not the same as execution. A limit order may remain unfilled; an order intended for immediate execution may fill at several prices when available liquidity is limited.

Authorisation and records

Wallet requests can authorise actions with financial consequences. Verify the domain and the requested action before signing. After submitting an instruction, inspect the relevant order status, trade history and position records rather than assuming that a button click completed the intended transaction.

Operational dependencies

A visible price or responsive page does not guarantee that every underlying service is functioning normally. Network congestion, interface failures and interruptions may delay an action or make information temporarily stale.