How does the order placement and execution process work on HootDex?

This is pretty simple, automated market makers create the bid and ask for any digital asset on HootDex. #

Market orders do execute at market prices on HootDex. #

Limit orders are all Good Until Cancelled, they will execute at the limit price set by the trader. High Frequency Trading uses limit orders in a rapid fire environment but follow similar protocols. Such trading is dependent on the system that the trader may use. #