(1) How does your average cost compare to the market average cost? What is the optimal strategy to employ so that your average cost is close to the average cost of the market?
(2) How does the lack of liquidity affect your execution strategy? Does this affect your use of limit orders and market orders?
(2) What information may be gleaned from the limit order book when executing your strategy? What types of strategies can be employed to counteract or exploit these strategies?
Attachment:- Case Brief - AT2 - Price Impact.pdf