其后，证券的筛选是基于一些诸如到期日和流动性的因素。
Then securities are selected based on factors such as maturity and liquidity.
现在的问题是，考虑到东欧证券交易的进一步联合是板上钉钉的事，那么，流动性将何去何从？
The question now, given that there is bound to be further consolidation of equity trading in eastern Europe, is where that liquidity will go.
定期证券借贷安排的规模引起人们开始关注，美联储在采取行动减少流动性危机的时候，却冒着很大的信贷风险。
The scale of the TSLF raises concerns that the Fed, in its attempt to reduce liquidity risk, is taking on too much credit risk.
最近证券、大宗商品和其他风险性资产价格的上涨就是明显被流动性所驱动的。
Some recent rises in the prices of equities, commodities, and other risky assets is clearly liquidity-driven.
这种凯恩斯所谓的流动性偏好控制金融证券的价格进而控制利率。
This liquidity-preference, as Keynes called it, governed the price of financial securities and hence the rate of interest.
更确切地说，该基金可以用最乐观的模型来对流动性资产定价，包括按揭证券和其它可交换的票据。
More specifically, the fund could use the most optimistic models to price its illiquid assets, which include mortgage-backed securities and other swaps.
官员争论说因为美国比其他国家依靠证券市场更多，依靠银行更少，他的危机更多的是因为流动性不足而不是无偿还能力。
Officials argue that because America relies more on securities markets and less on Banks than other countries, its crisis was rooted more in illiquidity than in insolvency.
而对于流动性差的证券，行政管理人要获取并验证这些证券价格的成本可能非常高。
And for illiquid securities, it can get very expensive for an administrator to go out and verify those prices.
在目前已经破灭的房地产泡沫背后，有着从追求高回报的海量全球流动性，到私人资产证券化的兴起等许多原因。
There were many reasons for the housing bubble that has now burst, from huge amounts of global liquidity seeking high returns to the rise of private-label securitisation.
在流动性更强的行业，关于证券的交易成本会有更详细的信息。
More liquid sectors will have more detailed information on security level transaction costs.
但定期证券借贷安排却不同：它是一种以债券换债券的方式，而且目标锁定在那些现金交易以外市场，为它们提供流动性。
The TSLF is different: it is a bond-for-bond arrangement aimed explicitly at providing liquidity to markets beyond those where cash is traded.
随着这些机构无法继续承担负担，它们不得不把抵押贷款相关证券在一个流动性不佳的市场上卖掉，进而使本已经低迷的价格进一步下跌。
As the entities couldn't bear the burden for long, they had to sell mortgage-linked securities into a hostile, illiquid market, pushing down already depressed prices.
许多证券缺乏流动性，且账面值还是初始的高价。
Many of these are illiquid and still booked at their original, inflated prices.
顾名思义，证券化这一策略增加了市场的流动性，使得风险被分割出来后由最愿意的人承担。
The art of securitisation, as it is called, adds liquidity to the market and allows risks to be parcelled out to those most eager to bear them.
但是如果有很好理性的话就该知道：所谓市场底部的判断已经出错过多次，而且莱曼揭露的非流动性的证券的实际值还有非常大的不确定性。
Perhaps with good reason. Market bottoms have already been incorrectly called several times, and there is massive uncertainty over the real value of Lehman's exposure to illiquid securities.
而当投资者准备未来某时出卖手中证券的时候现今市场的流动性就会产生恶化现象，那么对于投资者来说就面临着市场流动性风险。
Since market liquidity may deteriorate when you need to sell in the future, investors face market liquidity risk as discussed above.
做市商在多伦多证券交易所(TSX)的作用是增加流动性，同时在价格优先，时间优先的基础上保持订单驱动的连续拍卖市场。
The role of the market Maker on Toronto Stock Exchange (TSX) is to augment liquidity, while maintaining the primacy of an order-driven continuous auction market based on price-time priority.
到那时，信贷市场中的非流动性已开始影响美国国际集团已发行的对于那些次贷支持证券以外证券的保护。
By that time, the illiquidity in credit markets had begun to infect the protection AIG had written on securities other than those backed by subprime.
他说，大型金融机构的资金压力看起来已经有所减轻，并且包括抵住房抵押证券市场在内的一些市场看起来流动性更好了。
Funding pressures on large financial institutions seem to have eased somewhat, and some markets, including the market for mortgage-backed securities, appear to be more liquid, he said.
对于证券市场，人们最关心的是其收益率与流动性。
For the security market, what we care about most are return and liquidity.
证券市场的基本功能之一就是向市场提供流动性：为企业供应资金和为投资者供应金融品。
One of the basic functions of securities market is to offer market mobility, to supply fund for enterprises and financial products for investors.
流动性风险是证券市场的主要风险之一。
流动性是证券市场的重要属性，是由于某种原因交易者买或卖股票的意愿。
Liquidity is the important attribute of security market, is the wishes that the traders buy or sell stocks because of certain kind reason.
本文研究了流动性风险对证券均衡价格的影响。
The paper studies liquidity risk's effect on balanced stock pricing.
但是，资产一旦降级，且银行被迫抛售证券，资本流动性也将消耗殆尽。
If they were forced to sell securities that had been downgraded, liquidity could dry up.
证券市场制度性缺陷是开放式基金流动性风险外生性诱因。
The institutional defect of securities market is the exogenous reason causing liquidity risk of the open-ended fund.
最优策略对管理者的风险厌恶程度、资产波动率和流动性系数较为敏感，而对证券超额收益率敏感程度较低。
The strategy is sensitive to the manager′s risk tolerance, the asset volatility rate and the liquidity coefficient, but it is insensitive to the security excess return rate.
本文从我国证券市场实际情况出发，在借鉴国内外经验和研究成果的基础上，对中国开放式基金的流动性风险进行实证研究。
This paper aims to study the liquidity risk of open-end funds in China by empirical means on the basis of Chinese practice and foreign successful risk management experience.
证券市场具有高度的流动性，并且正是基于这种流动性，金融资产才能为投资者实现获取收益的目标。
Securities market with high mobility, and it is based on this kind of liquidity, financial assets for investors to realize the target obtains earnings.
证券市场具有高度的流动性，并且正是基于这种流动性，金融资产才能为投资者实现获取收益的目标。
Securities market with high mobility, and it is based on this kind of liquidity, financial assets for investors to realize the target obtains earnings.
应用推荐