How_major_hedge_funds_minimize_execution_slippage_variations_by_routing_high-volume_block_conversion
How Major Hedge Funds Minimize Execution Slippage Variations by Routing High-Volume Block Conversions Through an Over-the-Counter Trading Desk Seamlessly The Slippage Problem in High-Volume Block Trades When a hedge fund moves a million-share order, the market reacts. Bid-ask spreads widen, liquidity dries up, and the average fill price drifts away from the initial quote. This …