201: Hayden Beamish – The Legwork, Execution and Management of Institutional Investments
Chat With Traders
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How to Use a VWAP Algo to Buy Stocks
The VWAP algo is designed to match the VWAP for the day so it's just trying to match that price. It'll manage managers orders or manage the volume during the day based on how much is normally traded during the day versus the match as well and generally it gets pretty close okay. The big brokers we have are Macquarie, Morgan Stanley Goldman Sachs UBS they all have similar algos which will integrate into your systems whether it's Iris or Bloomberg.
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