RT Journal Article SR Electronic T1 Boosting the Liquidity of the Market Engine: Horsepower
versus Torque JF The Journal of Trading FD Institutional Investor Journals SP 6 OP 7 DO 10.3905/jot.2012.8.1.006 VO 8 IS 1 A1 Robert A. Jaeger YR 2012 UL https://pm-research.com/content/8/1/6.abstract AB In this commentary, we make the analogy between market liquidity and its components and engine torque and horsepower. This analogy is used to appreciate the importance of contrarian investing and enables us to think more clearly about the influence of potential regulatory changes.TOPICS: Legal/regulatory/public policy, style investing, analysis of individual factors/risk premia