Ouinex FAQ.

Ouinex is a multi-asset exchange where you trade crypto spot, crypto perpetual futures, forex, commodities, stock indices and shares from one account.

It runs a no-CLOB execution model: market makers cannot read the order book the way they can on a conventional exchange, so they cannot position against your pending orders and stop losses.

Four things separate Ouinex from a standard crypto exchange.

• No-CLOB execution. Traders can see the order book and each other's resting orders, but market makers cannot read it the way they can on a conventional exchange. That is what removes the structural conditions for front-running and stop hunting.
• One account, six markets. Crypto spot, crypto perpetuals, forex, commodities, stock indices and shares: no sub-accounts, no separate logins.
• Costs you can see before you trade. The spread and estimated slippage are shown on every order, and you set the maximum negative slippage you will accept.
• Segregated client assets. Every deposit is matched 1:1 and held separately from operating capital, with over 80% in offline cold storage.

A central limit order book (CLOB) publishes every pending order in one visible ledger, which is what makes front-running and stop hunting possible. Ouinex does not operate one.

The order book itself is visible — you can see it, and see other traders' resting orders, including stop losses — but market makers cannot read it, and every order executes at the published price. The full mechanism is set out on Safety of Assets.