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Quantitative Finance · Glosario

¿Qué es Market quality?

Definition 24.1 Microstructure and Execution · Capítulo 24 — Market Quality and Regulation

Market quality is the set of properties by which a market serves those who trade in it: the cost of trading (quoted, effective and realised spreads, price impact), the quantity available (depth, resilience), and the informativeness of prices (how close they stay to a random walk, how fast they incorporate information).

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