Question

What is trade slippage and can I put a limit on my slippage?

Answer

Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.

Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. Currently, within Sandwich, you are able to place a maximum slippage tolerance for individual clips of certain algos. Limit orders can be used to potentially reduce slippage, however at the risk that the order is not filled at the desired price.

Note that some exchanges have their own maximum slippage tolerance in force.

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