This phrase refers to a particular buying and selling technique or order execution methodology employed, seemingly throughout the context of economic markets. It implies maximizing the amount of a commerce that may be stuffed at a desired worth degree by way of the platforms or providers supplied by a selected monetary establishment. For example, a dealer aiming to execute a big purchase order may make the most of this to amass as many shares as doable at or beneath their goal worth, leveraging the establishment’s capabilities to faucet into out there liquidity.
The significance of this method lies in its potential to reduce slippage the distinction between the anticipated worth of a commerce and the precise worth at which it’s executed. By optimizing fill charges, merchants can cut back transaction prices and enhance general buying and selling efficiency. Traditionally, entry to such order execution capabilities was typically restricted to institutional traders, however developments in expertise have step by step made them extra accessible to a broader vary of market individuals.
