Execution Quality vs Market Impact

Quick comparison to help you distinguish these two crypto terms.

Execution Quality
intermediate
market_structure

Execution quality is a measure of how effectively a trade order is filled, evaluated across price received, speed, fill completeness, and total transaction cost relative to the intended outcome.

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Market Impact
intermediate
market_structure

Market impact is the degree to which a trader's own order moves the asset's price against them during execution, caused by consuming available liquidity in the order book.

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