> ## Documentation Index
> Fetch the complete documentation index at: https://docs.sprd.app/llms.txt
> Use this file to discover all available pages before exploring further.

# Placing Orders

> Act on spreads through the marketplace or SPRD's order system.

export const Embed = ({path, height = 400}) => {
  const isDev = typeof window !== "undefined" && (window.location.hostname === "localhost" || (/^\d+\.\d+\.\d+\.\d+$/).test(window.location.hostname));
  const baseUrl = isDev ? `${window.location.protocol}//${window.location.hostname}:3000` : "https://sprd.app";
  return <iframe src={`${baseUrl}/embed/${path}`} width="100%" height={height} style={{
    border: "none",
    borderRadius: "8px"
  }} />;
};

You've found a spread on [Discover](/discover), checked the [orderbook](/orderbook), and [evaluated the deal](/evaluating-deals). Time to act.

## Open on marketplace

Click a quote in the orderbook to expand it, then hit **Buy on \[Marketplace]** or **Sell on \[Marketplace]**. You're redirected to the listing on that platform.

<Embed path="trade-panel" height={600} />

The trade panel shows the price, marketplace, fee breakdown, and estimated total before you click through.

## Tracking orders

Open orders appear in the **Orders** tab in [Portfolio](/portfolio). When an order fills, SPRD creates a position automatically.

<Tip>
  Check the **Trades** tab on the market page to see what similar items have recently sold for before setting your price.
</Tip>

## After you buy

What happens next depends on where you bought. See [Buying & Receiving](/buying-and-receiving) for platform-specific workflows.