Sentences with phrase «less liquid markets»

The only concern would be (possibly) higher equity transactions costs and certainly larger fixed - income buy - sell spreads, due to smaller and less liquid markets other than Germany.

Arbitrage pricing can reveal proper prices in smaller less liquid markets if there are larger, more liquid markets to compare against.

These considerations include changes in exchange rates and exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the United States, higher transaction costs, foreign government restrictions, less government supervision of exchanges, brokers and issuers, greater risks associated with counterparties and settlement, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility.

In less liquid markets you may not notice as much of a difference as there may not be too many people in front of you; however, in more liquid markets such as the popular e-mini indices or the interest rates, you will notice quite a difference when the market keeps bumping against your price without filling your order.

And to be honest, I've noticed that less liquid markets tend to follow the trends and patterns better.

Anecdotally, it appears market participants may be using relatively more liquid instruments to hedge exposures in other less liquid market segments, perhaps unintentionally contributing to increased correlation across markets.

Not exact matches

«Macro shocks trigger bigger reactions today than historically because markets are less liquid,» economists at Bank of America wrote.

More fragmentation, they say, would make the markets less liquid because it would be more difficult for the buy side and sell side to come together to make a trade.

Without the presence of U.S. banks, the market for sovereign debt could become less liquid, and borrowing costs for governments could rise.

If policymakers, however, resolve to have no government involvement at all, the bond market will price it out for you, but the likely outcome is a residential mortgage market that is smaller, more expensive, and less liquid.

These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.

Either way, the repo market is becoming less liquid.

By contrast, there has been some reduction in liquidity in the segments of these markets that have historically been less liquid.

Meanwhile, trade in other alternative assets — such as fine art, wine and potentially, RVs — is less liquid, but has been favored by some as a hedge against volatility in the markets.

The theory that bigger institutions will make bitcoin markets less volatile and more liquid has grown as new OTC exchanges spring up, carrying names such as Circle, Octagon Strategy, Cumberland and Kraken.

Typically, the market for high yield bonds is less liquid than the market for investment grade or government bonds.

Combined with reduced risk - taking in the financial system as a whole, this would then further reduce market - makers» willingness to build up large inventories of less liquid assets.

But market - making practices are clearly evolving, putting upward pressure on bid - ask spreads and trading costs, and causing activity to concentrate in the most liquid instruments and move away from the less liquid ones.

The technical gripes I have include the fact that the open market pricing gap between the NAV and actual share values (especially for a less liquid fund) can be quite noticeable and determined simply by supply and demand.

For a time, this was associated with the weakness in some Asian currencies, both because markets see Australia's prospects as being closely tied to those of Asia and because some investors sold into the Australian market as a proxy for the less liquid Asian currency markets.

Moreover, passive investments can be less liquid in volatile markets, and reduced central - bank stimulus could mean lower correlations.

Given the growing scarcity of available collateral among bond dealers, a collapse in repo liquidity, and increasing frequency of delivery failures, all of which is shorthand for a bond market that is becoming less liquid — it seems that QE has begun to create, rather than relieve, meaningful constraints.

However off exchange fragmentation, as represented by TRF market share, is higher in these same less liquid securities.

The Treasury Department's 2017 Capital Markets report recommended that «issuers of less - liquid stocks, in consultation with their underwriter and listing exchange, be permitted to partially or fully suspend UTP for their securities and select the exchanges and venues upon which their securities will trade.»

In addition to the Bank's move the Federal Reserve pledged to fund up to $ 30 billion (# 14.8 billion) of Bear Stearns» less liquid assets, prompting fears from analysts central banks» actions may be beginning to distort the market.

Less obviously damaging are the heavily marketed liquid edible oils.

Previously, we've talked about how indexing does not work so well in less liquid bond markets, with active management producing alpha by avoiding -LSB-...]

Less developed markets are generally less well regulated than the UK, they may be less liquid and may have less reliable arrangements for trading and settlement of the underlying holdiLess developed markets are generally less well regulated than the UK, they may be less liquid and may have less reliable arrangements for trading and settlement of the underlying holdiless well regulated than the UK, they may be less liquid and may have less reliable arrangements for trading and settlement of the underlying holdiless liquid and may have less reliable arrangements for trading and settlement of the underlying holdiless reliable arrangements for trading and settlement of the underlying holdings.

Bond funds seem to be most populous in the.15 % fee range, where many different, specialized bond funds begin to find a competitive balance between lower costs and less liquid fixed - income markets.

The value of inflation - protected securities generally fluctuates with changes in real interest rates, and the market for these securities may be less developed or liquid, and more volatile, than other securities markets.

Vehicles to consider: A mix of highly liquid accounts, such as money market funds, and less - liquid options, such as CDs or short - duration high quality conservative bond funds

All in all, closed - end funds offer an excellent opportunity for investors to utilize the benefits of leverage, capitalize on less liquid corners of the market, and enjoy higher yields from a new kind of investment.

As Options are usually less liquid than the underlying stock, Market Makers are usually more active in «Providing a Market» with Options.

Even level 1 is subject to problems when markets are less liquid.

The distressed segment of the junk bond market has the most concentrated trading activity indicating that the majority of bonds in that segment are significantly less liquid.

A money market fund's portfolio is comprised of short - term, or less than one year, securities representing high - quality, liquid debt and monetary instruments.

The International Fund may invest in emerging markets, which are generally more volatile and can have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries and securities markets that are substantially smaller, less liquid, more volatile and may have a lower level of government oversight than securities markets in more developed countries.

It is not uncommon to find that less liquid asset classes, like international small cap value, small cap emerging markets and micro cap have higher average expense ratios.

They also have the ability to invest beyond the equity market in «less liquid» investments, such as distressed debt, can hold short positions in merger / arbitrage situations or to hedge market risk, and are willing to hold a up to 15 % in cash.

Concentrated markets with few holders tend to be less liquid.

According to the prospectus for the forthcoming iShares ETF, companies on this exchange «are subject to substantially greater risks of loss and highly volatile price fluctuations because their earnings and revenues tend to be less predictable and their markets less liquid than companies with larger market capitalizations.

I do cover risk reward in my training course yes, cfd's on stocks are risky because the market can gap overnight and weekends, thus why i prefer forex as it's a 24 hour, liquid market with less gaps.

• The value of inflation - protected securities (IPS) generally fluctuates with changes in real interest rates, and the market for IPSs may be less developed or liquid, and more volatile, than other securities markets.

Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets.

The bond market is much less liquid than the stock market.

Investments in emerging or frontier markets are generally less liquid and less efficient than developed markets and are subject to additional risks, such as of adverse governmental regulation and intervention or political developments.

For example, it's relatively easy to trade the large cap stocks in the S&P 500 Index, whereas it's harder to trade the less liquid stocks in the MSCI Frontier Market Index.

Tries to explain how an intelligent fundamental investor would think about technicals, particularly in markets that are less liquid.

And they may be less liquid, require holding periods or have little secondary market for selling.

For those that haven't read me much, the deadly trio of too much leverage, illiquid assets, and liquid liabilities is what causes most corporate defaults of financial companies, not lesser issues like mark - to - market accounting.