PT  - JOURNAL ARTICLE
AU  - Lada Kyj
AU  - Bayao Zheng
TI  - Deconstructing Execution Cost and Risk
AID  - 10.3905/jot.2017.12.4.029
DP  - 2017 Sep 30
TA  - The Journal of Trading
PG  - 29--37
VI  - 12
IP  - 4
4099  - https://pm-research.com/content/12/4/29.short
4100  - https://pm-research.com/content/12/4/29.full
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