Price Tolerance definition
Price Tolerance is a feature which allows you to adjust the amount of slippage you will accept on applicable Trades, where slippage is the difference between Our Price quoted on the Trading Platform and the price the Trade is executed
Examples of Price Tolerance in a sentence
If Our Price moves unfavourably away from our quoted price and outside the specified Price Tolerance, your Trade will be rejected.
Where applicable, you may change the Price Tolerance via the Trading Platform before you place a Trade.
If, before we have executed your Trade, Our Price moves unfavourably away from our quoted price but remains within the specified Price Tolerance, your Trade will be executed at the current Our Price.
If, before we have executed your Trade, Our Price moves in your favour (irrespective of the specified Price Tolerance), we will execute the Trade at the current Our Price.