HSL Mobile App What does MPP stand for?
MPP stands for Market Price Protection. It's a safety feature for your market orders.
What is the main goal of MPP?
To prevent slippage (buying too high or selling too low) in fast-moving or illiquid contracts, especially options.
Which type of order does MPP protect?
Market Orders (Buy and Sell). It automatically converts them to Limit Orders for Option contracts.
How does MPP work?
It calculates a defined percentage buffer around the current price and turns your Market Order into a Limit Order at that buffer price.
