Trading Monitoring & Rebalancing Questions from the 2009 – 2015 Essay Exams

Trading Monitoring & Rebalancing is covered in Study Sessions 16. The table below summarizes what concepts were tested between 2009 and 2015 essay exams.

|

Year

|

Q#

|

Concepts tested

|
|

2014

|

10

|

Calendar rebalancing and percentage-of-portfolio rebalancing, corridor width,

Volume-weighted average price (VWAP) algorithm and implementation shortfall

algorithm, calc. component of implementation shortfall.

|
|

2012

|

3

|

Market characteristics, algorithmic participation strategy, rebalancing strategies.

|
|

2010

|

8

|

VWAP, Implementation shortfall, corridor widths

|
|

2009

|

10

|

Corridor widths, rebalancing strategies

|