问题如下:
Based on trading costs, which of the following is least likely to be impacted by liquidity?
选项:
A.Stock's trading price.
B.The difference between the buying price and selling price.
C.brokerage commonssions
解释:
C is correct.
The cost of trading has three main components—brokerage commission, bid–ask spread, and price impact—of which liquidity affects the latter two. Brokerage commission is usually negotiable based on the order size.
这道题的选项很难理解,这三个选项对于流动性不是都有影响吗?