How much the price may move against a queued order between its quote and its fill, in cents per
contract. A contract pays $1, so its price in cents is its probability: 10¢ of slippage lets
a 42¢ contract fill at up to 52¢, fees included. It is never a percentage.
How much the price may move against a queued order between its quote and its fill, in cents per contract. A contract pays $1, so its price in cents is its probability: 10¢ of slippage lets a 42¢ contract fill at up to 52¢, fees included. It is never a percentage.