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oussama94
05-28-2017, 19:05
In addition, the futures market typically operates under a “next best
order” system, under which traders frequently do not get executed at the
initial market order price, but rather at the next best price available. For
example, let’s say a client is long five March Dow Jones futures contracts
at 8800 with a stop order at 8700; if the price falls to this level, the order
will most likely be executed at 8690. This 10-point difference would be attributed
to slippage, which is very common in the futures market