In recent years a substantial amount of literature in one way or another deals with liquidity. The interest in it grows … measures of liquidity and publish them in the regular reports. But as in literature, there is still no consensus as what … liquidity really means and how it should be measured, or reported, understood or predicted, as the consistent summary of what …

. This work presents one of the first studies of algorithmic trading and its impact on information and liquidity in equity …

are slightly more popular ratios (still below 10%) with virtually no communication of the Liquidity and Cash Flow sub …

volatility modelling. The chapters on market microstructure deal with liquidity, asymmetries of information, and limit order …

This study estimates liquidity premiums using the recently developed Liu (2006) measure within a multifactor capital … of Algeria, Egypt, Morocco and Tunisia. The evidence suggests that size and liquidity effects are least significant in …-varying profiles of liquidity betas provide evidence that Morocco and Egypt have been affected by the 2007/2008 global financial crisis …

We study the determinants of liquidity and price differentials between on-the-run and off-the-run U.S. Treasury bond … of these shocks on both off/on-the-run price and liquidity differentials in the presence of two realistic market … implications by analyzing daily differences in market liquidity and yields for on-the-run and off-the-run three-month, six …

equilibrium market liquidity, and that the magnitudeof this effect is sensitive to the market’s information environment. We test …-the-run Treasury securities decline on days when POMOs are executed; and ii) POMOs’ positive liquidity externalities are increasing in …

liquidity leading to the existence of conditions normally assumed to be promptly removed via the actions of profit seeking …. It concludes that the IIS Basis continues to exist due to limitations in market liquidity and hedging alternatives. The …