Goldman Sachs latest research on China, re-confirm such liquidity driven market.

高盛在中国的最新研究，重新确认这样的流动资金驱动市场。

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In a quote-driven market, bid-ask spread is composed of order processing costs, stock holding costs and asymmetric information cost.

在报价驱动交易机制下，买卖价差由指令处理成本、存货成本和非对称信息成本构成。

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We model the order-driven market based on rational expect framework. In this model, the optimal order submission depends on the price of immediacy and the trader's valuation for the stock.

针对指令驱动市场建立了理性预期的模型，首先说明了交易者的最优指令决定于他对股票价值的估计和股票的即时价格；

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Rajesh Jain, a stock market analyst in Mumbai, says there is widespread optimism that India's economy, which is largely driven by domestic demand, will return to high growth rates faster than other countries.

VOA: standard.2009.10.16

No one can consistently and accurately foresee what the market will do, especially this news driven market.

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Bardaro believes that the new data-driven market makes math skills, particularly statistics, more and more valuable to employers.

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Across the pond, U.S. stocks suffered through a headline-driven market tied to the fiscal cliff negotiations in Washington.

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