The main aim of the paper is analyzing the impact of convertible bond arbitrage activity on stock market liquidity and efficiency.

本研究主要的目的是分析可转换债券套利行为对发债公司股票流动性和股票有效性的影响。

youdao

So when confidence in equities is high, there is a huge surge of liquidity into the stock market that bids up domestic share prices to unrealistic levels.

因此，在对股市的信心高涨时，流入股市的流动资金就会大幅飙升，从而将内地股票价格推高至不现实的水平。

youdao

The Istanbul Stock Exchange (ISE) has been successful at providing liquidity for local companies: it has nearly double the market capitalisation and five times the turnover of the WSE.

土耳其伊斯坦布尔证交所已经在为本国公司提供流动性方面取得了成功：它已经几乎将市场资本翻了一倍，同时其营业额也五倍于华沙证交所。

youdao

That's an excellent question, especially looking into factors that affect the return-generating process in the stock market-in other words, factors that affect the stock prices in a conventional sense: Market liquidity, length of the daily fasting period, especially contrasting summer months with winter months when Ramadan coincides with one versus the other, with the length of day being really longer during summer months.

VOA: standard.2010.08.05

Cummings believes in creating vast pools of liquidity in the stock market, just as the nyse and Nasdaq do.

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This program could make it easier for more people to sell stock, providing more liquidity in the market.

FORBES: SharesPost Launches Lending For Startup Stock Options

There are other facts, but suffice it to say that the run on the banks and eroding confidence led to a reduction in market liquidity, and the stock market was en route to a decent of nearly 50%.

FORBES: How The Fed Came To Be