Decoded Intelligence Signal
VWAP (Volume-Weighted Average Price)
advanced
strategy
Verified: May 27, 2026Lexicon Core Definition
An execution algorithm and benchmark that routes order tranches in proportion to historical intraday volume distribution; aims to achieve an execution price equal to or better than the day's volume-weighted average price.
Analysis Breakdown
An execution algorithm and benchmark that routes order tranches in proportion to historical intraday volume distribution; aims to achieve an execution price equal to or better than the day's volume-weighted average price. Full explanation coming soon when Journey 24 content is ingested.