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Market Intelligence › Basic Terminologies
Only some part of the order should be executed, the rest should remain pending.
Published by The Retail Trader · JUL 31, 2026 · Order Flow
Partial Fill — Only some part of the order is executed, the rest remains pending.
This term comes under Order Flow, in the section "REALITY CHECK OF EXECUTION". Things that are not visible in the backtest, but are visible on the live account:
Other terms in this group — understanding them together is more useful:
• Slippage
• Impact Cost
• Illiquid Stock
• Freeze Quantity
• Order Rejection
• Contract Note
• Peak Margin
To read the entire group and all its examples in one place, see the journal "ORDER FLOW: FROM ORDER TO EXECUTION" - this term is taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.