On Volume 6, page 29, Exhibit 7. The Iceberg of Transaction Costs. Why large cap has low trading cost than micro-cap?
More liquidity.
A lot more.
Elephant vs. flea more.
Oh I see. I mix up large cap with large block.
On Volume 6, page 29, Exhibit 7. The Iceberg of Transaction Costs. Why large cap has low trading cost than micro-cap?
More liquidity.
A lot more.
Elephant vs. flea more.
Oh I see. I mix up large cap with large block.