What is slippage?

Slippage is the difference between the expected price of an stock market transaction and the price at which the transaction is actually executed. Slippage can occur at any time, but is most common during periods of high volatility.

Slippage can also occur when a large order is executed but there is insufficient volume at the selected price to maintain the current bid/ask spread.

By setting price limits for trading, True Wealth ensures that trades are only executed at the specified (or better) price, thus reducing the risk of slippage.