How Does Ctrader Handle Closing Large Volume Buy and Sell Orders Simultaneously?
Created at 04 Nov 2014, 06:39
How Does Ctrader Handle Closing Large Volume Buy and Sell Orders Simultaneously?
04 Nov 2014, 06:39
I am just testing a Cbot that at times will simultaneously close a large volume of buy and sell orders.
Would I see a lot of slippage? or will ctrader or my broker offset my orders so i do not see much slippage?
Example:
close 12 Million sell order
close 16 Million buy order
In a relatively slow volume period.
would these 2 orders offset right at my broker therefore encountering no slippage except for the final 4 Million?
Does anyone have any realtime live experience that could tell me how a transaction like this would be handled?
Thanks
Spotware
07 Nov 2014, 11:06
Hello,
Your orders are not offset. Every order will be transferred for execution in the liquidity provider independently.
The execution prices for market orders, and the slippage you get depend on the liquidity provider.
Best Regards
@Spotware