Mudrex is an open book exchange i.e. when a user places an order to buy/sell a particular asset at the quoted price, Mudrex tries to find the corresponding sell/buy order for the same.

The  core matching engine is built for speed. We are capable of processing ~1.5 Mn order per second with average latency being<100 ms.  Having said that, a trade is cannot be executed until a matching order is found in the order book.

Since processing of your order is dependent on there being another matching order available, it may take some time to fill up.

Any open order exits in the order book for 30 days. i.e. if we were not able to find a match for your order for 30 days then we expire the order automatically.