The vast majority of retail order flow is routed by brokers to:
Professor Werner is often heard saying
Professor Werner is often heard saying
Why is implementation shortfall preferred to comparing the e…
Why is implementation shortfall preferred to comparing the execution price to the market VWAP when measuring the execution quality for institutional-sized orders?
Utilitarian traders trade because they have
Utilitarian traders trade because they have
How will the realized spread compare to the effective spread…
How will the realized spread compare to the effective spread for an informed trader ?
A rogue trader is typically:
A rogue trader is typically:
In a continuous order-driven market
In a continuous order-driven market
By submitting and displaying a limit sell order, a trader is
By submitting and displaying a limit sell order, a trader is
Price discovery as discussed in class is
Price discovery as discussed in class is
Finally, again referring back to the exhibit in Question 1,…
Finally, again referring back to the exhibit in Question 1, what was the effective spread for your 500 share market sell order in Question 3?