Manages the trade-off between market impact and price risk for large orders for which the trading time horizon is expected to span multiple days.

This is one of Precision’s unique offerings under IS framework. It builds a trading schedule across multiple days based on the size of order, expected participation rate, volatility and various other market impact characteristics. It is a day order strategy where fills are passed back to the client in real time. The client will resubmit the residual order (or portion of) the following day with a customization that identifies it as a continuation of a multi-day order.