Coping with illiquid markets requires a variety of skills and expertise

What skills are important when heading into potent-ially illiquid markets?

In an illiquid market trading is at best difficult and at worst impossible. Different hedging strategies and suitable pricing adjustments are needed to stay ahead.

Recent market volatility has been fuelled by panic, forced selling and less than perfect strategies. More distressed companies and instruments can depress market prices further. There is also the problem of contagion. Failure can begat failure. Small shocks can r

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