RT Journal Article
SR Electronic
T1 Deconstructing Execution Cost and Risk
JF The Journal of Trading
FD Institutional Investor Journals
SP 29
OP 37
DO 10.3905/jot.2017.12.4.029
VO 12
IS 4
A1 Lada Kyj
A1 Bayao Zheng
YR 2017
UL https://pm-research.com/content/12/4/29.abstract
AB Measuring and understanding execution costs is important for portfolio managers as they look to maximize the returns of their investment opportunities. Trading decisions impact execution performance, and the authors demonstrate a framework for evaluating the performance quality of broker algorithms. It allows portfolio managers and traders to select broker algorithms that better align with their investment objectives.TOPICS: Performance measurement, portfolio management/multi-asset allocation