Order Types

The various instructions for trades, including Limit, Market, Stop-Limit, and Stop-Market orders (detailed in Order Types & Excecution Rules).

Matching Engine

Roxom’s trade-matching system that executes orders based on price-time priority during live trading hours. It enforces all trading rules and risk checks described in this rulebook.

Auto-Deleveraging (ADL)

A last-resort loss-distribution mechanism that automatically deleverages (reduces) opposing traders’ positions to cover unallocated losses in extreme scenarios where the Insurance Fund is insufficient. ADL ensures the exchange as a whole remains solvent by sharing losses among profitable traders (see Auto-Deleveraging section for detailed information about our system).