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TWAP

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AcronymDefinition
TWAPTime-weighted average price
TWAPTattoos With A Purpose (Royal Oak, MI)
TWAPTarget-Weapon Association Program


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Other key features of EdgeTrade's agency-only algorithmic trading service include a growing roster of benchmark strategies: VWAP, TWAP, Liquidity Paced, Volume Tracker and 10b-18 (corporate buyback).
ESP's EARN(TM) Portal currently offers clients anonymous, centralized access to more than 75 algorithmic strategies and crossing networks from many of the leading providers on the street, including such strategies as VWAP, TWAP, Volume Participation, Inline Tactics and Implementation Shortfall.
ESP's Global DMA Network provides broker-neutral, high speed access to the US equities, options and futures exchanges and ECNs, while ESP's EARN(TM) portal features such strategies as VWAP, TWAP, Volume Participation, Implementation Shortfall, Smart Order Routing, Pairs Trading, and a variety of other algorithmic strategies that are unique to each of the 15 participating brokers on the Portal.
 
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