This market illiquidity, and the prospect of further liquidity risk, scared investors and prices dropped, especially for illiquid assets with high margins.

市场流动性降低以及更大的市场流动性风险预期令投资者恐慌，资产价格下降，尤其使流动性资产保证金大幅增加。

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Monetary policies of central bank make the liquidity of commercial Banks tighten. Commercial Banks need to focus on local or temporary illiquidity risk.

央行一系列货币回笼的措施使商业银行的流动性开始出现趋紧的迹象，商业银行需要关注局部或暂时性流动性不足的风险。

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The paper verified the relation between stock market illiquidity and stock excess return in time series by new liquidity measure (LDX).

在时间序列上，论文采用新流动性比率指标(LDX)衡量流动性，检验了股票市场非流动性与股票超额收益率之间的关系。

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But unlike gold, the inflation track record on TIPS is short, ambiguous and heavily distorted by illiquidity, oil prices (which are included in their return), and the same excess liquidity "conundrum" that has been confusing yields across the bond spectrum.

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