Positive Slippage definition
Examples of Positive Slippage in a sentence
Slippage means that the specific price requested by a client is not available when an order is presented for execution so the order is executed as close as practical to the client’s requested price which may lead to Positive Slippage or Negative Slippage.
Where the price for an Underlying Asset moves to the Client’s advantage (i.e. Positive Slippage), the Company can pass such price improvement on to the Client.
Due to fast moving markets, all type of Orders as disclosed in the General Trading Conditions section of the Agreement will be executed at prices worse or better due to Negative or Positive Slippage, although the Company will take all reasonable steps to provide Clients the best available price.
The message has the following format: $ {Amount} - Positive Slippage - {Order Number}.