Some brokers are given instructions to execute orders at VWAP throughout the day to ensure that larger orders don't have as much market impact. .
So for a larger order they can ping the market in smaller lots.
A 10,000 share order for example could be broken up into 200 share lots and executed every four minutes over 2 1/2 hours.
- Forums
- ASX - By Stock
- WMC
- Another ramped stock into Share Issue
Another ramped stock into Share Issue, page-62
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)