Hawk often trades with dealers to guarantee an execution price. She also prefers to use orders that are less noticeable.
Identify the trader type (information motivated, value motivated, liquidity motivated or passive trader).
Information motivated. She has info and wants to capitalize on it ASAP and hence cares about price execution. Plus she might wanna take a massive position on the info she has and hence a less noticeable order.
But information motivated trader should care about the immediacy of execution, not price execution. That’s why they use market order which is execution certainty not price certainty.
A guaranteed execution price may not necessarily mean a reasonable price from the traders perspective. What’s the answer ?
Answer is information motivated. Guaranteed price does not mean price certainty? I think guaranteed price means price is certain, which limit order is used.
In this question, a guaranteed price is referenced to as an ASAP execution price which matters to Hawke. It clearly means that she has info which she wants to capitalize on. Read the question again and understand it.