Orderbook
A weekly read on markets, liquidity, and market structure.
Latest: The inside of the stock market
Independent market writing
Newsletters on how markets really work.
Orderbook is a home for writers who explain liquidity, market structure and the plumbing underneath. Each writer publishes on their own site to readers who asked to hear from them — no ads, no tracking, no noise.
Explore the publications Write on Orderbook
Free to read. Every writer is approved by a person.
Live BTC/USDT depth from Binance — a widget any writer can put on their front page.
What Orderbook is
01
Written by people
Every publication is researched and written by hand, and every writer is approved by a person before a word goes live. No syndicated summaries, no content farms.
02
Each writer, their own site
A front page, archive, about page and feed at orderbook.pro/name — and a list of readers who confirmed they wanted to hear from that writer.
03
Nothing in between
No advertising, no tracking pixels, no bought or imported lists. Readers confirm by email and can leave with one click, for good.
For readers
Follow the writers worth your time
Pick the publications you want. Each one is its own subscription, and you can read everything without one.
Free to read
Every published article is open on the web and in any feed reader, and arrives in your inbox when you subscribe.
Subscribe in seconds
Enter your email on a publication's front page and confirm from your inbox. No account, no password.
Leave in one click
Every email carries an unsubscribe link that works permanently, and your mail app's own unsubscribe button works too.
Private by default
No advertising or analytics cookies. Your address is used for the publications you chose, and it is never sold or shared.
For writers
Everything a newsletter needs, and nothing it doesn't
Orderbook handles the site, the list and the plumbing, so the work is the writing. It is invite-only while it opens up: every site is reviewed before it goes live.
Publish
Your own publication
A typeset front page, archive, about page and RSS feed at orderbook.pro/yourname, readable on any screen, in light or dark.
Write
A proper editor
Markdown with a live preview, tables, footnotes and images. Keep drafts private, publish when ready, or unlist a piece for people with the link.
Grow
Readers who asked
Sign-ups are confirmed by email, so your list is real people who want your work. See it, and export it, whenever you like.
Send
Every issue, by email
Send a published article to your list in one step — test copy first — with per-reader unsubscribe links and bounces handled for you.
Show
Picks and live markets
Keep a dated picks page with your reasoning, and put a live BTC/USDT order book on your front page if your readers trade.
Sign in
No passwords to leak
Sign in with a one-time link sent to your email, or with Google. Sign out of every device at once.
Own it
Leave with everything
Download your articles as Markdown, your readers as a spreadsheet and your images, any time. Your work is never locked in.
How it works
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Ask for a site
Orderbook is invite-only for now. Write to us with a line about what you'd publish.
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Get approved
A person reviews every request. Meanwhile you can set up your site and write drafts in private.
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Publish
Write, preview and publish. Your front page, archive and feed update the moment you do.
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Build your readership
Readers subscribe from your site and confirm by email; each new issue reaches them in one click.
Publications
Latest writing
The inside of the stock market
In trading jargon, "the inside" means the best bid and offer. It is also what everyone fears the person on the other side is holding. The two meanings turn out to describe the same problem.
5 min read
Read something worth reading
Start with the flagship: Orderbook is a weekly letter on how markets actually work — where liquidity sits, how it moves, and what that means for the week ahead. One email. No noise.
Read Orderbook Ask about writing here
Nothing published on Orderbook is investment advice.