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Re: Phrozt post# 11248

Thursday, 06/05/2008 4:21:51 PM

Thursday, June 05, 2008 4:21:51 PM

Post# of 49661
Brokers will work VWAP trades for institutional clients. The broker works the trade all day and gives the client an avg price, then pockets a profit if they bought it better, swallows the loss if not.