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SMART Glossary

Execution

Beginner
Trading ConceptsAlso known as: order execution, trade execution

The process of placing and completing a buy or sell order in the market at the desired price.

Why It Matters

  • 1Execution speed and accuracy directly affect trade outcomes.
  • 2Poor execution can result in slippage, missed opportunities, or unintended losses, especially in fast-moving futures markets.

Example

A trader places a market order to buy a futures contract at 4,500. The order is executed immediately at the best available price, completing the trade in real time.

Common Mistakes

  • Assuming all orders are filled at the requested price
  • Ignoring slippage during volatile market conditions
  • Using incorrect order types for the trading strategy
  • Failing to monitor execution during high-volume sessions

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