While buying 1 lot of nifty even if offer prices are at around is at 8712 why the market order get filled at 8713. 35 i. E the slippage of 1. 35 points. Why?

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1

While buying 1 lot of nifty even if offer prices are at around is at 8712 why the market order get filled at 8713. 35 i. E the slippage of 1. 35 points and v. V for sell SL-m order bid prices were around 8414 still the order got executed at 8212. 85 i. E slippage of 1. 25 points. Why?

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Hi,

Bid and Offer prices change in fractions of a second, especially when the entity such as Nifty Futures is so actively traded with such high volumes. All changes in the Bid-Offer prices may not be visible to the trader.

When you are placing your order and you see the Best Offer price at 8712, it would be safe to say that if you wish that your order must be executed at 8712 only, then you have to place a Buy Limit order at 8712.

Placing a Buy Market order at 8712 when you see the Best Offer price at 8712 is no guarantee that your Buy order will execute at 8712.

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