What is the meaning of FPSL in the context of cryptocurrency stocks?

3 answers

• Dec 16, 2021 · 3 years ago
  FPSL stands for 'First Price Sealed Lead' in the context of cryptocurrency stocks. It refers to a type of order execution where the price at which the order is executed is determined by the first available price after the order is placed. This means that the order is executed at the best available price at the time of execution, which may or may not be the same as the price at the time the order was placed. FPSL is commonly used in cryptocurrency trading to ensure fast execution and minimize price slippage.
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• Dec 16, 2021 · 3 years ago
  FPSL, or 'First Price Sealed Lead', is an order execution method used in cryptocurrency stocks. When you place an FPSL order, the price at which your order is executed is determined by the first available price after you place the order. This means that the actual execution price may differ from the price you see at the time of placing the order. FPSL is designed to provide fast execution and reduce the impact of price fluctuations during the order execution process.
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• Dec 16, 2021 · 3 years ago
  FPSL, also known as 'First Price Sealed Lead', is a popular order execution method in the cryptocurrency stock market. With FPSL, the order is executed at the best available price at the time of execution, which may differ from the price at the time the order was placed. This method helps traders to minimize price slippage and ensures that the order is executed quickly. Many cryptocurrency exchanges, including BYDFi, support FPSL order execution to provide a seamless trading experience for their users.
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