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execution-algos
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# Execution Algorithms
> Execution algorithms — TWAP, VWAP, IS, POV, Iceberg for optimal trade execution.
## When to Activate
- User needs to execute large orders with minimal market impact
- Choosing between execution algorithm types (benchmark, scheduled, opportunistic)
- Implementing TWAP, VWAP, or implementation shortfall algorithms
- Designing iceberg or hidden order strategies
- Building an algo selection framework based on order characteristics
## Core Concepts
### Why Execution Algorithms?