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Glossary

Terms5 shown

Market ordersOrders executed at prices available in the market at the time, typically allowing partial fills.
market orderAn order executed at the best available price, where the ask price cannot be specified manually.
Taker feeThe fee typically charged when a market order consumes existing liquidity in the order book.
Market OrderAn instruction to execute a buy or sell as quickly as possible at the best available price currently shown in the order book, without setting a maximum or minimum execution price.
SlippageA situation in which the actual execution price of a trade differs from the initially requested or expected price, commonly occurring in illiquid markets or with market orders.

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Definition

market order

An order executed at the best available price, where the ask price cannot be specified manually.

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