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

# Trades

> When an offer is fully or partially fulfilled, a trade happens. Trades can also be caused by successful path payments, because path payments involve fulfilling offers.

A trade occurs between two parties—`base` and `counter`. Which is which is either arbitrary or determined by the calling query.

Learn more about [trades](https://developers.stellar.org/docs/learn/glossary.md#decentralized-exchange).

| Endpoints | |
| - | - |
| GET | [/trades](https://developers.stellar.org/docs/data/apis/horizon/api-reference/get-all-trades.md) |