isn't that backward?
Nope.
Ask -- is asking to sell XTS at some price in USD (equivalent to bidding to buy USD for some XTS amount)
Bid -- is biding to buy XTS at some price in USD (equivalent to asking to sell USD for some XTS amount)
thats backward. it a USD market. you are buying and selling USD. also my shorts are not getting matched with bids (or asks in this case) that are in the order book.
is XTS/USD a usd market? or is USD/XTS a usd market. They both are. Its just your preference of how you look at it. Either way your trading USD for XTS.
a bid for XTS/USD is the same as an ask for USD/XTS
if you want to buy USD you bid on USD priced in XTS (your selling XTS)
if you want to sell USD you ask on USD priced in XTS (your buying XTS)
[this is more akin to how the function call is arranged]
wallet_market_submit_
bid <from_account_name> <quantity>
<quantity_symbol> <quote_price>
<quote_symbol>said another way:
if you want to buy USD you bid some amount of XTS for the USD your buying
if you want to sell USD you ask for some amount of XTS for the USD your selling