Rapid IT changes in market composition impact liquidity and securities prices.
The type of securities in a market affects how easily they can be bought and sold. As technology changes, the way securities are traded is also changing. This study looks at how the specific types of securities in a market impact how easy it is to trade them. The researchers found that the composition of securities in a market can affect how quickly and easily they can be bought or sold, which in turn affects how the market functions overall.