scholarly journals Optimal Trading Execution with Nonlinear Market Impact: An Alternative Solution Method

2011 ◽  
Author(s):  
Massimiliano Marzo ◽  
Daniele Ritelli ◽  
Paolo Zagaglia
Keyword(s):  
Solution Method ◽  
Alternative Solution ◽  
Market Impact ◽  
Optimal Trading

Optimal trading: The importance of being adaptive

2021 ◽  
pp. 2050022
Author(s):  
Claudio Bellani ◽  
Damiano Brigo ◽  
Alex Done ◽  
Eyal Neuman
Keyword(s):  
Finite Number ◽  
Transaction Costs ◽  
Adaptive Strategies ◽  
Market Impact ◽  
Short Term ◽  
Optimal Trading ◽  
Static Strategy ◽  
Optimal Trade Execution

We compare optimal static and dynamic solutions in trade execution. An optimal trade execution problem is considered where a trader is looking at a short-term price predictive signal while trading. When the trader creates an instantaneous market impact, it is shown that transaction costs of optimal adaptive strategies are substantially lower than the corresponding costs of the optimal static strategy. In the same spirit, in the case of transient impact, it is shown that strategies that observe the signal a finite number of times can dramatically reduce the transaction costs and improve the performance of the optimal static strategy.

Pendidikan Islam dan Humanitas

2018 ◽  
Vol 10 (2) ◽  
pp. 341-355
Author(s):  
Mohammad Liwa Irrubai
Keyword(s):  
Social Change ◽  
Liberal Education ◽  
Social Life ◽  
Current Issue ◽  
Alternative Solution ◽  
Educational Objectives ◽  
Basic Issue ◽  
New Ideas ◽  
Education Today ◽  
Human Problem

Today, the human problem in social life concerning education is growing more complex; many new ideas emerge as the level of human intellectuality grows. This paper will reveal the current issue of education in Indonesia and discuss ideas from the concept of liberal education. The basic issue of education criticized by liberal education is that education today focuses more on the needs of society than the educational objectives themselves. Education as a tool to transfer science, values, and agents of social change is seen as one alternative solution in the framework of improving people's lives. The education in which values are embodied is one of the efforts offered by genuine liberal education, aimed at giving us the habits, ideas and techniques necessary to continue our own education. Humans have the ability to learn continuously throughout life so that we can prepare ourselves to study and again as long as we are alive.

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