VWAP


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VWAP

The volume-weighted average price.

Volume Weighted Average Price

The price of a security in which a higher trading volume affects the price more than a lower trading volume. It is calculated by dividing the dollar value of transactions by the average volume. It is sometimes used to determine the relative strength of a trend.
References in periodicals archive ?
Market and Volatility Risk: The return on the ETNs is linked to the performance of the VWAP level of the Index which, in turn, is linked to the performance of the master limited partnerships and other securities that are included as index constituents at any time.
To understand the impact of these findings on trading costs for these stocks, we measured the cost (in basis points) against a VWAP benchmark for a large range of trades.
The Daily VWAP represents the per share volume-weighted average price of the company's common stock for a given day as shown on the Bloomberg Q.
Since both the closing price and the VWAP are popular reference prices, in this article, I present a method for ascertaining which of them is relatively closer to the efficient price.
00 per share, that it will pay for the shares by determining the lowest multiple within the company's specified range at which shares have been tendered or have been deemed to be tendered that, when multiplied by the Alibaba VWAP, which will not be less than USD100 for such purpose, will enable the company to purchase the maximum number of shares properly tendered in the tender offer and not properly withdrawn having an aggregate purchase price not exceeding USD3,000,000,000.
Other refinements to the MTP rule since it was introduced in March 2015 include giving some companies affected by market volatility more time to comply with the rule, and changing the way the VWAP of shares is calculated such that it fully reflects the effects of a share consolidation.
At the EGM shareholder approval will be sought, among other things, to issue up to $5 million worth of bonds which are convertible into shares at no less than 80% of the VWAP for the 5 days prior to issue of the shares.
The interval VWAP period chosen for each stock in Trajectory Cross is primarily determined by price volatility, i.
1% discount to the VWAP for the offer period and a 18.
5bn of Marriott common stock, based on the 20-day VWAP of Marriott common stock ending on March 11, 2016, and USD 339m of cash, based on approximately 170m fully diluted Starwood shares outstanding at February 19, 2016.
ITG, an agency broker and financial technology firm, has released a new algorithm which it claims will complement existing VWAP and implementation shortfall benchmarks by offering a better picture of trader performance.
The put sales likely cover some positions opened last week when, on 1/11, 42K trade at a VWAP of $1.