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One such risk is the source of call financing money for investment and reinvestment purposes.
Now considering the call financing interest rate, tick size, tick value, bid-ask spread, margin, and so on, the limit order submission and execution process (velocity) is 1/V.
V is represented by velocity of TTV i.e., limit order submission and execution process including the call financing interest rate, tick size, tick value, bid-ask spread, margin, and so on.
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