Larry Harris
Abstract
Abstract Everyone likes liquidity. Traders like liquidity because it allows them to implement their trading strategies cheaply. Exchanges like liquidity because it attracts traders to their markets. Regulators like liquidity because liquid markets are often less volatile than illiquid ones.
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Abstract Everyone likes liquidity. Traders like liquidity because it allows them to implement their trading strategies cheaply. Exchanges like liquidity because it attracts traders to their markets. Regulators like liquidity because liquid markets are often less volatile than illiquid ones.
Key concepts: Market liquidity, Business, Accounting liquidity, Liquidity risk, Liquidity crisis, Monetary economics, Dark liquidity, Financial system