Trading & Market Structure

Slippage

Definition

What is Slippage?

The difference between the expected trade price and the actual execution price.

Example in practice

A large market order expected at ₦10 fills at an average of ₦10.15.

Keep learning

The highest price a buyer is currently willing to pay for a security.

The lowest price a seller is currently willing to accept for a security.

The difference between the best available buying and selling prices.

An instruction to buy or sell immediately at the best available prices.

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