๐”– Bobbio Scriptorium
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Futures market transaction costs

โœ Scribed by Locke, Peter R.; Venkatesh, P. C.

Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
193 KB
Volume
17
Category
Article
ISSN
0270-7314

No coin nor oath required. For personal study only.

โœฆ Synopsis

Other social transaction costs may include brokerage commissions, transaction fees, etc. Unlike the bid-ask spread, these components typically do not depend directly on the trading mechanism/environment or on the security's return properties (e.g., volatility), although they may depend on the price level. To a first approximation, they may be considered less important when considering the impact of regulatory policy changes, etc.

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