(这道题目经典题里面也有)
题目要求写出implementation shortfall 的两点好处,我能理解 it will front-load trade execution and min. opportunity cost (high urgency) 不过另外一个好处是什么呀?答案里面说 "minimize the w.a. of market impact", 可是front load at the beginning追求的是urgency, 怎么会 min market impact?