Question
Which of the following situations does not describe a legitimate use of VWAP: a.Transaction cost analysis b.reference price used to settle matched orders on a
Which of the following situations does not describe a legitimate use of VWAP:
a.Transaction cost analysis
b.reference price used to settle matched orders on a dark pool.
c.The price received by an intermarket sweep order.
d.designing an order splitting strategy
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
