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GDAX || Market Orders

Market Orders

1.10 A Market Order is an Order to buy or sell a specified quantity of an Asset at the best available price of existing Orders on the Order Book.

1.11 There is no guarantee that a Market Order will Fill at the price specified. A Market Order may Fill at a number of different prices, based on the quantity of the Market Order and the quantities of the existing Orders on the Order Book at the time.

1.12 Depending on the volume and prices of Orders on the Order Book at the time when a Market Order is posted, the Market Order may Fill at a price less favorable than the most Qq

Q Q&A

Q&A

Q&A åärecent trade price, in some cases significantly so. This is commonly referred to as ‘slippage’.

Qq

Q Q&A

Q&A

Q&A åärecent trade price, in some cases significantly so. This is commonly referred to as ‘slippage’.

1.13 A valid Market Order will be immediately posted to the Order Book. A Market Order is always a Taker Order.