Understanding Impact Cost: The Hidden Price of Trading Understanding Impact Cost: The Hidden Price of Trading In the world of finance, we often focus on the obvious costs of trading, like brokerage fees and taxes. Kiran Shroff / Tuesday, February 25, 2025 0 59 Article rating: 5.0 However, there's a less visible expense that can significantly eat into your returns, especially when dealing with large orders or illiquid securities: impact cost. Read more