easy · Market Microstructure

The limit order book for ABC Corp shows 500 shares offered at $25.00, 1,000 shares at $25.05, and 2,000 shares at $25.10. A trader who needs to buy 5,000 shares immediately finds the market 'thin.'

Which dimension of liquidity is lacking for this trader?

  1. Depth
  2. Width
  3. Timing
  4. Resiliency

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