OPEC, an acronym for the Organization of the Petroleum Exporting Countries, is an international governmental organization comprising 13
“I placed an order at a certain price, but it was executed at another price.”
We often hear this sentence repeated among traders, and here the blame lies with the brokerage company! But you must know what is the cause?
Slippage is one of the inevitable things that you will experience during your trading period, it is the difference between the price we expect when executing a trade and the actual price at which you execute the deal. Slippage can be classified as positive slippage or negative slippage depending on whether the price difference is appropriate or not. It can be defined when you place an order at a quoted price while the order is executed at a different price, i.e. less than the requested price, and price slips occur during periods of market volatility or insufficient liquidity.