Tagged "routing"
2 articles on this topic.
Hidden Conversion Steps Inside a Single Swap
One button can contain three conversions. Each crosses a spread, and the receipt shows one number.
entry log
| no. | date | entry | topic |
|---|---|---|---|
| 001 | Sep 21, 2026 | Aggregators Versus Direct Venues on Identical PairsAn aggregator searches several venues and adds its own margin. Measurements of when the search is worth the margin. | swap |