What is the best practice for the limit price for a VWAP (best effort) order?
Setting it in the bid/ask range is usually too low because the market often moves outside of the range by the end time, and the order can't be filled except in the beginning. Setting it too high then it effectively becomes a market order.
Thanks.
Submitted October 27, 2017 at 11:46AM by ceeyee http://ift.tt/2zbzHkm
