Fill Price

Fill Price

The price at which an order for a security is executed. The fill price, in other words, is the market price of a security in practice, as opposed to the price in theory. The fill price may or may not be an investor's requested price, depending on the type of order.
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Bidders Who Wish To Participate In The E-Tender Need To Fill Price Bid Online In Price Bid Form And Upload Tender Documents Duly Stamped And Signed.
Harvey also noted that "mass marketers like to fill price points, but low prices are not the only criteria for buying.
New order type, the Market Order with Protection (MOP), lets you open positions in fast-moving markets just like a traditional market order, but with protection that guarantees your fill price will be within a defined range
Vendors exhibiting at the market also noted that buyers, while historically on the lookout for closeouts and special deals, were more inclined to shop for full programs to fill price points and for new product introductions than at previous markets.
Of course, their job is to fill this order in small chunks, in order to get the best possible rate for the bank's clients, because if they just submitted this order into the open market at market price, it would create a significant spike up in the rate of EUR/USD, and the average fill price on the order would be much more unfavorable than if they waited and filled the order in small chunks.
Some pools have fill rates less than a third of those with the best fill rates among those compared, while also having suboptimal fill prices.