1. Post Trade (Profit and Loss)

A manager bought 50,000 shares of stock ABC at an average price of $50.35. The stock opened at a price of $50.00. The arrival price when the order was released to the market was $50.50. The VWAP price over your trading horizon was $50.40. The closing price on the day was $50.10.

1. 1. Calculate the following PnL values: Open, Arrival, VWAP, and Close.
2. Express each PnL in basis points, $/share, and dollars.
3. Arrival PnL is also referred to as Trade PnL.