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PM misalignment driving traders to ditch VWAP

Georgina Lee
Asia buy-side traders are moving away from volume-weighted average price as an algo benchmark to better align interests with portfolio managers.
PM misalignment driving traders to ditch VWAP

Asia buy-side desks are following US peers by ditching volume-weighted average price as a benchmark for algo trading on the grounds that their interests become misaligned with portfolio managers.

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