Your preset price may differ from the final execution price due to market volatility, liquidity, and order types.
Why the final price may differ
| Factor | Explanation |
|---|---|
| Volatility | Prices may move quickly before execution. |
| Low liquidity | There may not be enough volume at the requested price. |
| Market gaps | Price may move from one level to another without trading at every price. |
| Order type | Different order types have different execution rules. |
Important notes
- Market orders are typically executed at the next available price.
- Stop orders may also execute at the next available price after being triggered.
- Limit orders help control the price but may not be executed if the market does not meet the limit condition.