Asset liquidity in modern financial markets is a key but elusive concept. A market is often said to be liquid when the … low costs of transaction. Providing a rigorous and empirically relevant definition of market liquidity has, however … estimating the market liquidity of assets. We consider definitions that stress the role of the bid-ask spread and the estimation …

intermediaries at the expense of investors with intrinsic trading motives, and lower liquidity than consolidated markets. Consistent … with our theory, we document improvements in liquidity and lower profits for liquidity providers when Euronext, in 2009 …

IFRS has a significant effect on the liquidity ratio of commercial banks in Ethiopia, and banks reported higher liquidity … study concluded that the difference in return on equity, liquidity, and leverage of commercial banks following the adoption … (ROE), liquidity ratio (LR), and leverage (LEV) because they are significantly affected by the adoption of IFRS. …