Can trading constraints limit your performance?
Portfolio managers have historically told clients to participate at a specific percentage of volume, or POV, usually 10, 15 or 20%. But as markets have evolved, these rates can be too high, meaning you run the risk of signaling your intentions to others. Swapping a POV strategy for a more intelligent algo, such as Capture, can help you execute with less impact and less reversion. For the full story, Puneet Pardasani explains.
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