Fill Price

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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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We then compared the average fill prices on each order to the market price at the time of order arrival.
In the months of May and October when seats are more difficult to fill prices will come down.