Re:Timekeeping in Financial Exchanges
by thedufer on Monday October 12, 2020 @09:23AM
(#24754092)
> Isn't the liquidity only worthwhile at times of low liquidity?
No, because liquidity is also about tighter spreads. Since the spread is effectively a transaction fee paid to buy or sell on exchanges, shrinking it is beneficial to most market participants.
No, because liquidity is also about tighter spreads. Since the spread is effectively a transaction fee paid to buy or sell on exchanges, shrinking it is beneficial to most market participants.