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How might a broker try to minimise the implicit transaction cost in a large non-informational based trade? ( Could be multi-select answers) A. Announce to

How might a broker try to minimise the implicit transaction cost in a large non-informational based trade? ( Could be multi-select answers)

A. Announce to the market that its trade is non-informational

B. Trade the order as rapidly as possible

C. Use its reputation to find a counterparty and conduct an off-market trade

D. Slice up a large parent order into smaller orders to minimise market impact costs

E. Use a VWAP algorithm to achieve an average price

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