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pro vyhledávání: '"Denis Ilijanic"'
Autor:
Chris Sparrow, Denis Ilijanic
Publikováno v:
The Journal of Trading. 5:10-15
This article presents a framework for quantifying the value of liquidity. The authors suggest that liquidity is valuable from both cost and risk perspectives. The value of liquidity from a cost perspective may be quantified by using a cost model to c