Optimal vwap trading brokers
The decision price is the price of the stock that prompted the decision to buy or sell. The most common decision price is the close price or the arrival price. If we split the decision to buy a stock from the actual trading of the stock, as is often the case with fund managers decision makers and brokers trade executors , you can see why both are used. When he decides to buy a particular stock the next day, it is because he believes that the price will go up from that closing price.
Thus his decision price is the close price. However the broker, unless she is explicitly told what levels to buy at or what prompted the desire to buy, does not know when or why the decision was made.
Her best guess is that the current price at the time the order is received is what prompted the decision and thus her decision price is the arrival price. We also customize the product to each organization, setting up quick-views for questions you want to regularly track. It is particularly adept at revealing trading costs. Here are some questions Trade-Zoom can help answer: How much did the price move while we were in the market? How did we trade versus the market?
How did we trade based on price-volume considerations? How did portfolio style affect my trading costs? Which brokers provide my organization with superior executions? Within the tool, you can create customized views of your trading data, review the data created by hundreds of measures, then add filters to zero in on the report or data table that you need.
We can set tiered access levels for users within your organization. Over clients have trusted their trade data with us.