Fill
Fill
Understanding the Concept of a Fill in Trading
In the world of trading, the term 'Fill' has a significant role to play. To put it simply, a Fill occurs when a buy or sell order is executed in the market. When your trade order gets filled, it means your requested transaction has been carried out, i.e., you have bought or sold a particular asset at a specific price.
The Mechanics of a Trade Fill
The process of a Fill starts when a trader places an instruction to buy or sell a security. This instruction is known as an 'order'. The order is then passed to a broker, who carries it out in the market. Upon the successful execution of this order, the trader is said to have received a Fill.
Different Types of Fill in Trading
There are a couple of common types of Fills that traders may encounter.
The first is an 'Immediate or Cancel' Fill. Here, the order has to be executed immediately. If not all the requested shares can be bought or sold immediately, the remaining unfilled part of the order gets cancelled.
Then we have the 'Fill or Kill' order. In this case, the order must be filled entirely or not at all. If the broker can't buy or sell all the requested shares immediately, the entire order gets cancelled.
The Relevance of 'Fill' in Trading
Understanding the concept of a Fill is vital for every trader. It informs the trader about the completion of their trading objectives. Also, it has implications for other factors such as the monitoring of open positions, risk management, and overall trading strategy.
'Fill' - A Key Factor for Successful Trading
In conclusion, a Fill serves as a key notification that your order has been executed; it’s a fundamental element in the trading process. So, knowing this term and how it works can effectively contribute to your trading success.
Blog Posts with the term: Fill
Gemini, a cryptocurrency exchange founded by the Winklevoss twins in 2014, has rapidly become a go-to platform for digital asset...
Bitfinex stands as one of the most advanced trading platforms in the cryptocurrency space, offering users...
In the fast-paced world of cryptocurrency trading, staying afloat and ahead of the market trends requires more than just intuition....
If you're new to the world of cryptocurrency trading, you may have come across the name KuCoin. This platform is...
At the heart of the digital currency revolution, 21bitcoin stands out as a powerful platform designed to open the doors...
The world of finance and investment is filled with different strategies, one of which is known as Contrarian Trading. This...
Welcome to the dynamic world of cryptocurrency trading with Bitget. If you are looking to dive into the fast-paced environment...
Embarking on the digital currency voyage, BTCC has emerged as one of the trailblazers within the crypto exchange realm. Since...
Are you curious about the buzzword "Algorithmic Trading" that's making rounds in the cryptocurrency market? Well, if you are new...
Welcome to this beginner-friendly breakdown on the concept of short selling – a topic often perceived as intimidating, complex, and...
With more people stepping into the crypto trading space, there arises the need for reliable and functional platforms to facilitate...
In the world of trading, knowledge is power. One of the most fundamental aspects that traders need to understand to...
Entering the dynamic world of cryptocurrency trading begins with the crucial step of setting up a trading account. Altcoin trader...
The MetaMask Wallet is a versatile digital wallet that serves as a gateway to the Ethereum blockchain and other compatible...
Starting your journey into the world of cryptocurrency can be both exciting and daunting. With so many exchanges to choose...