Execution

Reliable and super-fast execution

When you’re ready to seize opportunity, you can count on our world-leading and automated execution technology to get the job done.

Trade with confidence

Average execution speed in seconds in 0.003s

Elapsed time between market order receipt and execution***

% trades executed in less than 1 second 99.37%

Elapsed time between market order receipt and execution

% trades successfully executed 99.85%

Includes all valid trades and orders received by the system, excluding those entered on the MT5 platform****

Get lower costs with our leading price improvement technology

If the market reaches a better price from when you placed your trade, our price improvement technology automatically ensures you get the cheaper price.

52.36 %

Percentage of limit orders price improved Percentage of limit orders executed at a price better than the requested price.

0.03 %

Av. improvement per non-FX limit order Percentage difference between requested and executed price of price improved limit order in non-FX markets.

8.01 pips

Av. increase per FX limit order Pip difference between requested and executed price of price improved limit order in FX markets.

100%

Percentage of limit orders filled "at or better" Percentage of limit orders executed at the requested, or better, price.

Trading execution FAQ

How are orders executed?

 

Today Markets T/A Octalas Group Ltd executes orders as a market maker and acts as the sole execution venue for the all the orders of its clients. Therefore, the Company will act as a counterparty to all its clients’ orders and will be quoting prices for all the instruments offered through the trading platforms.

 

All prices offered by TM are provided by TM Financial Limited, a TM Group Company authorised and regulated by the Financial Conduct Authority.

For more information, please refer to the Best Execution Summary available in the website under the Terms and Policies tab.

What is slippage?

 

Slippage is when an order is filled at a price other than the requested price.

Our quoted prices are executable the majority of the time. In fast-moving markets, orders may be executed at a price which has ceased to be the best market price. Limit orders will always be filled at the price asked or better.

Do pending orders expire?

 

Pending orders, such as stops and limits, can be executed End of Day (EOD) or Good ’til Cancelled (GTC) on todaymarkets.com platforms.

End of Day (EOD) orders automatically expire at 5pm ET on the same day the order was entered.

Good ‘til Cancelled (GTC) orders will not expire unless clients manually cancel them or if they are linked to an open position, they will expire when that position is closed.

Pending orders on the MetaTrader 5 platform can be set to expire at a specific date and time; otherwise, it will remain on the platform with no expiry.