Ms.陈 
当前我在线
当前我在线 金融从业十余载，精通现货、期货与外汇，欢迎咨询！
Slippage is often measured as the difference between the execution price and the midpoint of the bid and ask quotes at the time the trade was first entered.
滑点通常是衡量执行价格与交易开始时买卖报价中间价的差额。
It incorporates both the effect of volatility/trend costs and market impact. This measure provides an estimate of the cost to execute a transaction when the order is executed in a single trade.
它包括波动/趋势成本的影响和市场影响。此度量提供了在单笔交易中执行订单时执行交易的成本估计。
Slippage inevitably occurs to every trader, whether they are Trading stocks, forex, or futures. Slippage is when you get a different price than expected on an entry or exit from a trade.
无论是股票、外汇还是期货交易，每个交易者都不可避免地会面临滑点。滑点是指你在进入或退出交易时获得的价格与预期不同。
If the bid-ask spread in a stock is $49.36 by $49.37, and you place a market order to buy 500 shares, you may expect it to fill at $49.37. In the fraction of a second, it takes for your order to reach the Exchange something may change, or your quotes could be slightly delayed. The price you actually get maybe $49.40. The $0.03 difference between your expected price of $49.37 and the $49.40 price you actually end up buying at is called slippage.
如果一只股票的买卖价差是49.36美元到49.37美元，而你在市场上订购了500股，你可能预期它将以49.37美元的价格成交。在不到一秒钟的时间内，您的订单到达交易所的时间可能会发生变化，或者您的报价可能会稍微延迟。实际价格大概是49.4美元。49.37美元的预期价格和49.40美元的实际买入价之间的0.03美元的差额称为滑点。
研究表明，小盘股的有效交易成本一直高于大盘股。
The larger a trade size relative to a stock’s average daily volume is, the more likely it is that the trade will affect prices. Thus, a fund with a focus on large-cap stocks can support a higher level of AUM than can a similar-strategy fund focused on small-cap stocks.
交易规模相对于股票的日均交易量越大，该交易影响价格的可能性就越大。因此，专注于大盘股的基金能够比专注于小盘股的类似策略基金支持更高水平的资产管理规模。
A fund focused on small-cap stocks must either limit its AUM, hold a more diveRSIfied portfolio, limit turnover, or devise a Trading strategy to mitigate market impact costs.
专注于小盘股的基金，要么必须限制其资产管理规模，持有更多样化的投资组合，限制成交量，要么设计一种交易策略，以减轻市场冲击成本。
核心词汇：
Slippage ：滑点
Small-cap stocks: 小盘股
Large-cap stocks 大盘股
本文标题：安粮期货：股票、外汇、期货交易中的“滑点”（slippage）是怎么回事？
本文链接：https://www.91pjz.com/zixun/1402.html
免责声明：文章不代表91联合立场，不构成任何投资建议，谨防风险。
版权声明：本文来源于91联合网站，转载请注明出处！侵权必究！
返回首页
