Aggressive Market Orders
Aggressive market orders are trades executed immediately at the best available current price to ensure instant fulfillment. Unlike limit orders, which wait for a specific price, market orders prioritize speed and certainty of execution.
They are the primary drivers of price movement because they consume the liquidity resting in the order book. When aggressive buy orders hit the sell side of the book, they move the price upward.
High levels of aggressive order activity often indicate strong conviction or panic, depending on the direction. Managing the impact of these orders is a primary concern for traders looking to minimize slippage in volatile markets.