Alpha Novae

Tag Archives: spread

Slippages and price improvements with AlphaTrader

Theoretically, if your broker is playing fair, slippages can be positive (at trader advantage) or negative (at trader disadvantage). But because of adverse selection, trend / momentum trading, and dealer manipulations, they tend to be quite asymmetrical with an important advantage to negative slippages. It is easy to understand this as traders tend to buy […]

How AlphaTrader can reduce your transaction costs

At Alpha Novae, we do not agree with the ones (in particular the brokers…) explaining you that costs associated to each one of your trades are just a detail. Indeed, in the long term, we know that costs often make the difference between a successful manager and a loosing one.   But first let’s define […]