What are the steps to identifying the best execution strategy for a trade?
As an investment banker, you may need to execute trades for your clients or your own portfolio in various markets and instruments. But how do you choose the best execution strategy for a trade? What factors should you consider before placing an order? And what tools and techniques can you use to optimize your execution performance and minimize your costs and risks? In this article, we will explore the steps to identifying the best execution strategy for a trade, from defining your objectives and constraints, to analyzing the market conditions and liquidity, to selecting the appropriate execution venue and algorithm, to monitoring and evaluating your results.