Question

How does a POV algorithm work?

Answer

A POV algorithm is used to execute the total order volume as a percentage of real-time market trade volume.

A POV algorithm is used to execute the total order volume as a percentage of real-time market trade volume, at a user-defined participation rate and time interval between individual clip entries.

POV is useful in executing larger trade orders, whilst looking to reduce market impact, at a market participation rate defined by the user.

The user is further able to specify the degree of randomness for the time interval between clips.

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