RT Journal Article SR Electronic T1 Measuring Market Impact and Liquidity JF The Journal of Trading FD Institutional Investor Journals SP 70 OP 84 DO 10.3905/jot.2006.654303 VO 1 IS 4 A1 Galen Burghardt A1 Jerry Hanweck, Jr A1 Lauren Lei YR 2006 UL https://pm-research.com/content/1/4/70.abstract AB Poor execution can turn a good idea into a losing trade. Skilled traders (and their brokers) use their knowledge and experience to balance the immediacy of a transaction with the liquidity available in the market. This note reports on the work we have done to estimate the market impact of one-off trades in electronically traded futures markets.TOPICS: Exchanges/markets/clearinghouses, futures and forward contracts