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- 2011-7-2
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- 2016-1-18
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bell99 Wrote:
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> IS takes into account implicit cost like delay
> cost and opportunity cost all of which are linked
> to portfolio manager's activity.
>
> VWAP does not capture these implicit cost.
Thanks, bell99. ...I had a hard time to understand the statements of Execution chapter. |
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发表于 2011-7-11 19:29
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