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You are visiting the international Vantage Markets website, distinct from the website operated by Vantage Global Prime LLP
( www.vantagemarkets.co.uk ) which is regulated by the Financial Conduct Authority ("FCA").

This website is managed by Vantage Markets' international entities, and it's important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

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If you would like to proceed and visit this website, you acknowledge and confirm the following:

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  • 3.You are accessing the website at your own initiative and have not been solicited by Vantage Global Limited in any way.
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By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Vantage entity.

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Important Information

Thank you for visiting the Vantage Markets website. Please note that this website is intended for individuals residing in jurisdictions where accessing it is permitted by Vantage and its affiliated entities do not operate in your home jurisdiction.

By clicking 'I CONFIRM MY INTENTION TO PROCEED AND ENTER THIS WEBSITE', you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website based on reverse solicitation principles, in accordance with the applicable laws of your home jurisdiction.

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滑點 (Slippage)

定義

滑點發生在交易預期價格與實際執行價格之間存在差異時。這種現象通常在市場波動劇烈或使用市價單時發生,尤其是當訂單量超過了預期價格的可用交易量時。由於市場價格變化迅速,在訂單處理過程中可能發生滑點。

滑點是各種交易平台都會發生的情況,具體情況會因交易環境而異。

使用限價單可以透過設定最大或最小執行價格來減輕滑點的風險;然而,這種策略也可能導致訂單無法執行,特別是在市場價格未回到設定限價時。

重要的是,滑點本身既不是負面的也不是正面的;它僅反映了預期價格與實際價格之間的差異。根據市場情況和訂單執行方式,這種差異可能導致的結果比預期價格更好、更壞或無差別。最終,最終價格與預期價格之間的差異可能會導致正滑點、負滑點或根本無滑點。

負滑點範例:

假設交易平台上 Tesla 股票的買入/賣出價分別顯示為 140.30 美元/140.35 美元。一位投資者決定以市場價格買入 50 股,目標是 140.35 美元的賣出價。但就在訂單即將執行時,自動化系統的快速交易將買入/賣出價轉為 140.36 美元/140.41 美元。結果,訂單以每股 140.41 美元完成,導致每股 0.06 美元的負滑點,全部 50 股共計 3.00 美元。

正滑點範例:

假設外匯交易員希望買入歐元/美元,注意到目前的報價為 1.1050/1.1052。該交易員決定輸入市場訂單,希望在 1.1052 處買入。就在訂單提交的同時,有利的市場消息導致歐元兌美元快速升值,短暫將賣出價推低至 1.1048,然後穩定下來。市場訂單受益於這一突然下跌,以較低的賣出價 1.1048 執行,產生每單位 0.0004 的正滑點。以 10,000 單位的交易來說,這個正滑點為交易者節省了 4.00 美元。

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