How will your hedge fund and pension fund clients react

How will your hedge fund and pension fund clients react when you report their fills asbeing better or worse than the daily VWAP?A simpler execution strategy is called a Time Weighted Average Price “TWAP” whichinvolves buying an even number of shares at even intervals (i. e. 5000 shares every 30seconds). What is the disadvantage of a TWAP vs VWAP order?

How will your hedge fund and pension fund clients react

Question
How will your hedge fund and pension fund clients react when you report their fills as
being better or worse than the daily VWAP?

A simpler execution strategy is called a Time Weighted Average Price “TWAP” which

involves buying an even number of shares at even intervals (i.e. 5000 shares every 30

seconds). What is the disadvantage of a TWAP vs VWAP order?