Execution Price
The execution price is the final price at which a trade is settled between the buyer and the seller. It is the result of the matching process between the incoming order and the existing liquidity in the order book.
In the context of automated systems, the execution price is often the best available price found by an aggregator or routing algorithm. This price can differ from the quoted price if the market moves during the time it takes for the transaction to be processed on the blockchain.
Achieving a favorable execution price is the primary goal of any trader or institutional entity. It is a critical metric for evaluating the performance of trading platforms and aggregation services.
Glossary
Institutional Execution Quality
Execution ⎊ Institutional Execution Quality, within cryptocurrency, options, and derivatives, represents the precision with which a trader’s intended order parameters are realized in the market.
Execution Mechanics
Execution ⎊ The practical implementation of orders across various trading venues represents a core element in cryptocurrency, options, and derivatives markets.