When you place a large order, it splits it into smaller pieces. They are then sent to all to the exchange for execution right away. Each piece works like a normal order and gets executed on its own.

How it works?

1. All the smaller orders go to the exchange at once.

2. Each order gets executed separately. Think of it like this, when your order is split into 5 pieces, each piece tries to get executed independently.

3. One piece filling up doesn't affect the others.

4. They all work at their own pace based on what is happening in the market.

You will see all your sliced orders in your order book, just like the regular orders. There is a small slice icon next to them so you know which orders were split up.

Your sliced orders work just like regular orders, but split into manageable sizes for better execution.