New clients will often confuse the Last Traded Price with the Market Price. Below are the important differences between the two, as well as other price terminology.
Index prices help to ensure that in times of high volatility, orders are triggered based on the prevailing price in the market at the time and not only on the Kraken exchange.
More information on constituent exchanges and price aggregation methodology are available on the CF Benchmarks page.
- A limit order buy can only be executed at the limit price or lower
- A limit order sell can only be executed at the limit price or higher