How Independent CFD Quote Depth Can Affect Slippage and Execution
Summary
The document explains CFD market depth as the available bid and ask prices and volumes at multiple levels. It describes how a large order can consume liquidity across several levels, making the average execution price differ from the expected price. Bitget’s Pro mode is presented as using a dedicated quote pool, contrasted with the shared depth described for ECN and STP modes. The article also explains how the .pro instrument suffix distinguishes that mode and frames it as intended for larger or more frequent orders.
The proposed benefits are reduced slippage, more predictable fills, and easier separation of strategies in records. These are product claims rather than results supported by measured execution data: the document supplies no order-book samples, slippage comparisons, or independent evidence. Actual execution still depends on available liquidity and market conditions, so the text is best read as a basic overview of depth and a description of a particular provider’s offering.
Key ideas
- Market depth shows the prices and volumes available at successive bid and ask levels.
- Large orders can consume several levels and receive a worse average price than expected.
- The article describes Pro mode as using dedicated quote depth, unlike the shared pools it attributes to ECN and STP.
- Claims about lower slippage and better execution are not backed by comparative measurements in the document.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.