For many equities and options, the most recent price might be from seconds ago, though it could be minutes, hours or even days, for
less liquid securities.
Funds with higher portfolio turnover rates (meaning the manager buys and sells more often) or funds that invest in
less liquid securities (like micro-caps for example) will have higher Trading expense ratios.
Investing in emerging markets may involve greater risks than investing in developed countries, including the possibility of industry concentration, nationalization, taxes and transaction costs, lower trading volumes, and
less liquid securities, resulting in higher volatility.
However off exchange fragmentation, as represented by TRF market share, is higher in these same
less liquid securities.
Higher transaction costs Due to a typically large spread between bid and offer prices, and higher transaction costs associated with
less liquid securities, trading high yield bonds can be costly.
Not exact matches
My point was and is that the equity risk premium is bundled up closely with the nature of the
security itself (i.e., being a publicly traded, relatively
liquid investment asset called an equity, that has a very specific bundle of rights and risks attached to it), which has very different characteristics than the many other financial assets available in the economy (many of which have bundles of risk that are perceived as «riskier», and many of which are perceived as «
less risky»).
Marketable
securities are
liquid, as they tend to have maturities of
less than one year.
Marketable
security is
liquid, as they tend to have maturities of
less than one year.
Investing in currency involves additional special risks such as credit, interest rate fluctuations, derivative investment risk, and domestic and foreign inflation rates, which can be volatile and may be
less liquid than other
securities and more sensitive to the effect of varied economic conditions.
Securities sold through private placements are not publicly traded and, therefore, are
less liquid.
At least 30 % of the fund's total assets must be invested in Weekly
Liquid Assets, which can consist of cash, direct obligations of the U.S. government such as U.S. Treasury bills, certain other U.S. government agency debt that is issued at a discount and matures within 60 days or
less, or
securities that will mature or are payable within 5 business days.
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.»
Before going through
security, any
liquid food, such as yogurt, pudding, or even peanut butter, must be in containers of 100 ml or
less and placed in a clear, closed, resealable one - litre plastic bag.
Privately issued
securities are restricted
securities that are not publicly traded, and may be
less liquid than those that are actively traded, such as U.S. Treasurys and conventional corporate bonds.
In today's episode, Matt Tucker illustrates the difference between a
liquid security and a
less liquid counterpart.
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.
In general, that is why AAA - rated asset - backed
securities, which are usually «last loss»
securities are fairly
liquid, while
lesser - rated
securities trade rarely.
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.
Weekly
liquid assets include daily
liquid assets, government agency discount notes with remaining maturities of 60 days or
less,
securities that will mature or are subject to a demand feature that is exercisable and payable within five business days, and receivables scheduled to be paid within five business days.
• 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.
Investing in
securities of smaller companies tends to be more volatile and
less liquid than
securities of larger companies.
Small Company Risk:
Securities of small companies are often
less liquid than those of large companies and this could make it difficult to sell a small company
security at a desired time or price.
Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk which can be volatile and may be
less liquid than other
securities and more sensitive to the effect of varied economic conditions.
Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk which can be volatile and may be
less liquid than other
securities and the effect of varied economic conditions.
Small - capitalization companies may be
less stable and more susceptible to adverse developments, and their
securities may be more volatile and
less liquid than larger capitalization companies.
Investments in depositary receipts may be
less liquid and more volatile than the underlying
securities in their primary trading market.
The
securities markets of certain countries in which MFWM may recommend investment may also be smaller,
less liquid, and subject to greater price volatility than those of more developed markets.
These include global funds, which combine U.S. and international
securities; international funds, which purchase only non-U.S.
securities; and emerging markets funds, which can be highly volatile and
less liquid.
They put it this way, «The Combined Fund's broader investment mandate is expected to result in a more
liquid portfolio over time with
less emphasis on whole loans and mortgage - backed
securities».
Shares in large publicly listed companies that are regularly traded on the ASX (Australian
Securities Exchange) are considered
liquid assets, while direct property investments are
less liquid, due to difficulties and time delays that may be experienced when buying and selling.
On the other hand, non-publicly traded
securities are sometimes subject to restrictions on resale and the market for their resale is
less liquid than for publicly traded
securities.
Mid-capitalization companies are generally
less established and their stocks may be more volatile and
less liquid than the
securities of larger companies.
Foreign
securities may be subject to greater risks than U.S. investments, including currency fluctuations,
less liquid trading markets, greater price volatility, political and economic instability,
less publicly available information, and changes in tax or currency laws or monetary policy.
Derivative investments can be volatile, and these investments may be
less liquid than other
securities, and more sensitive to the effects of varied economic conditions.
Emerging market
securities tend to be more volatile and
less liquid than
securities traded in developed countries.
Trading in
security futures contracts prior to the opening or after the close of the primary market for the underlying
security may be
less liquid than trading during regular market hours.
Securities issued in these countries may be more volatile and less liquid than securities issued in foreign countries with more developed economies o
Securities issued in these countries may be more volatile and
less liquid than
securities issued in foreign countries with more developed economies o
securities issued in foreign countries with more developed economies or markets.
Investments in the Scottish Oriental Smaller Companies Trust PLC may be
less liquid than the
securities of a larger company, or an investment trust which invests in larger companies, or in more developed economic regions.
Investing in foreign
securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be
less liquid and more volatile than U.S. markets; and currency risk associated with
securities that trade or are denominated in currencies other than the U.S. dollar.
• The funds reserve the right to honor redemptions in
liquid portfolio
securities instead of cash when your redemptions over a 90 - day period exceed $ 250,000 or 1 % of a fund's assets, whichever is
less.
Mid-sized
securities generally are more volatile and
less liquid than those of larger companies.
• The fund reserves the right to honor redemptions in
liquid portfolio
securities instead of cash when your redemptions over a 90 - day period exceed $ 250,000 or 1 % of the fund's assets, whichever is
less.
Small - and micro-cap
securities are generally more volatile and
less liquid than those of larger companies.
Foreign
securities typically have
less volume and are generally
less liquid and more volatile than
securities of U.S. companies.
Mid capitalization companies are generally
less established and their stocks may be more volatile and
less liquid than the
securities of larger companies.
Because of the difficulties buyers and sellers have responding to market opportunities such as rising prices or a plentiful selection of homes for sale, real estate is considered a
less «
liquid» asset than
securities, collectibles, precious metals and most other investment options.