Quant Interview Practice Questions

Percentage-of-Volume (POV) is a popular algorithmic execution strategy designed to participate in the market at a specified target rate. By dynamically adjusting the size of child orders based on the observed market volume, the algorithm aims to minimize market impact while keeping pace with liquidity. Task Implement a POVAlgo class that calculates the size of child orders to execute after receiving market trade updates. You will implement the following methods:

• POVAlgo(bool is_buy, double to