# Index

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 either arbitrary or determined by the calling query.

Learn more about [trades](https://developers.docs.bantufoundation.org/glossary/decentralized-exchange).

Endpoints

| GET | [/trades](https://developers.stellar.org/api/resources/trades/list/) |
| --- | -------------------------------------------------------------------- |