Ashton Technology (ASTN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Ashton Technology (ASTN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LPS5 who wrote (3671)	3/25/2001 3:01:39 PM
From: jeffh20	Read Replies (1) of 4443

LPS5, "If a portfolio manager asked for a trade to be done with VWAP as the execution benchmark, the manager wouldn't time slice it. It depends what the buyside manager asks for." I quess as a "non-trader" I assumed that was the purpose of time-slicing, to try and match the VWAP. Interesting. It appears that as long as the stock is liquid and there's plenty of time for execution, time-slicing just makes it EASIER for the trading desk. I will again assume that the eVWAP trading system will just make it easier. "The fact - not assertion, but fact - remains: however a VWAP price is arrived at, if the client requests it, is worthwhile." And as you have stated: "the ramp-up in volume is indicative of market participants recognition of its' usefulness." Apparently we are beginning to witness client requests! Thank you for your posts. It is wonderful to hear from someone who actually does this professionally. Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next