Web Trader MT5
A TWAP algorithm spreads an order across a chosen period instead of sending the full amount at once. The schedule gives each time section similar importance. An order for 60,000 shares over six hours might aim to trade about 10,000 shares per hour. This can reduce the immediate market impact of a large transaction. TWAP differs from VWAP because it follows time, while VWAP aims to follow where market volume occurs. The method is easier to predict than a volume-based schedule, which can also make it easier for other traders to notice. Actual execution can still differ from the calculated average when prices move during the order.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Start trading with A globally leading broker
Want to start trading?
We use cookies to understand how you use our website and to give you the best possible experience. You can find out more by viewing our Cookie Policy.
