Contrary to most common theories that greater liquidity is necessarily better for financial markets overall, Ben-Gurion University of the Negev (BGU) researchers contend in a new paper that liquidity comes at cost: it increases market risk.
Contrary to most common theories that greater liquidity is necessarily better for financial markets overall, Ben-Gurion University of the Negev (BGU) researchers contend in a new paper that liquidity comes at cost: it increases market risk.