GC Market Order Slippage | Traders Hideout

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GC Market Order Slippage

  #4 (permalink)

Houston, TX
Trading Experience: Intermediate
Platform: NinjaTrader 7
Favorite Futures: NQ
Posts: 91 since Apr 2016
Thanks: 121 given, 88 received

1. The bid-ask spread on GC is usually just 1 tick. One could assume 1 tick of slippage per market order.
2. Can't comment on this one, haven't tried limit orders much on GC.

As choke35 has noted, you can get severe slippage on market orders if they are triggered during a news event.

Personally, I have seen one of my market orders get 14 ticks of slippage in the middle of day on GC trading only 1 contract. I don't recall whether it was a scheduled news event or not.

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