NO.PZ2020020202000001
问题如下：
Which of the following statements regarding the execution algorithms is incorrect?
选项：
A.POV algorithm trades a predetermined number of shares within the specified time interval.
VWAP algorithms slice the order into smaller amounts to send to the market following a time slicing schedule based on historical intraday volume profiles.
TWAP algorithms slice the order into smaller amounts to send to the market following an equal-weighted time schedule.
解释：
A is correct. VWAP and TWAP algorithms follow a time-specified schedule, trading a predetermined number of shares within the specified time interval, rather than the POV algorithm. The other two statements are both correct.
讲义上higher trading cost by continuing to buy as price move higer and to sell as prices move lower，这是为什么，求详解，谢谢
是因为这个情况下，大家抢着交易吗？交易量大。
