Kociński, Marek - In: e-Finanse: Financial Internet Quarterly 10 (2014) 4, pp. 28-35
, bid-ask spread and market impact. The commissions are only briefly described since they are explicitly stated and easily … measured. More attention is paid to the bid-ask spread which is one of the main causes of trading costs. It is shown that the … investor who wants to outperform the Polish market should usually expect a much higher bid-ask spread than it follows from the …