The question now, given that there is bound to be further consolidation of equity trading in eastern Europe, is where that liquidity will go.

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？

youdao

The classic justification for market-making and other types of trading is that they endow the market with liquidity, and throughout the financial industry I heard the same argument over and over.

对于股票市场和其他形式的交易，典型的证明就是，它们以流动性促进市场，贯穿整个金融产业，我不止一次的听到相同的争论。

youdao

The main argument in favour of such trading is that it provides the markets with liquidity.

支持这种交易的主要理由是它可提供市场流动性。

youdao

Marketmakers, who are responsible for providing liquidity in trading situations, must often take naked short positions when there is more demand for a stock than supply.

ECONOMIST: The furore over naked shorts

Trading attracts liquidity and thus more trading.

ECONOMIST: Britain��s financial industry

The liquidity and trading in those older issues is so tiny that it doesn't give much guidance as to the potential cost for the government of borrowing substantial sums at what are known as ultra long maturities - but for what it's worth the 1932 war loan pays an implicit interest rate of 3.9% at its current price.

BBC: Should Osborne borrow for 100 years?