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.
請問老師POV在講義第幾頁 非常謝謝