Other areas dominated by large incumbents with concentrated market share and
those with illiquid markets also may show interest in the technology.
Not exact matches
The asymmetry of prospective rate moves in different parts of the curve
with short rates at the zero lower bound, explicit forward guidance about future policy decisions and massive asset purchase programs may result in a higher likelihood of one - sided
markets, which may in turn impair liquidity, or at least lead one to conclude from liquidity indicators that
markets have become more
illiquid.
Emails from Iksil to superiors that were later made public in conjunction
with the Senate report show he tried to exit the positions he had taken once he realized he was being squeezed by traders taking the opposing positions in the small,
illiquid market.
«
With Harbor, we could see things like funds tokenizing LP interest for illiquid asset classes, marrying the liquidity of markets with the illiquidity of the underlying assets owned by the f
With Harbor, we could see things like funds tokenizing LP interest for
illiquid asset classes, marrying the liquidity of
markets with the illiquidity of the underlying assets owned by the f
with the illiquidity of the underlying assets owned by the fund.
Some hedge funds specialize in
illiquid investments for investors
with a long time horizon who could care less what the
market does on a daily, weekly, monthly or yearly basis.
International investments, particularly investments in emerging
markets, may carry risks associated
with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become
illiquid.
I can guarantee you
with my life that if an independent auditor spent the time required to implement a bona fide
market value mark - to -
market on that fund's
illiquid assets, the amount of under - funding would likely jump up to at least 70 %.
Given the absence of a public trading
market of our common stock, and in accordance
with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve
illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing
market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
After a predictably choppy and
illiquid Fed - day on Wall Street, trading activity exploded as usual after the rate decision and the release of the monetary statement,
with the first press conference of Jerome Powell also stirring up
markets globally.
How Pluris differs: Pluris» unique secondary
market transaction data; Pluris» original research on discounts for
illiquid securities and business interests; a staff
with the expertise for the job.
As a result, those that make
markets, or buy and sell stocks tend to be more cautious in setting prices to buy and sell
illiquid securities because of the difficulty of trading, and the problem of moving the
market away from you
with a large order.
I have seen this in the
market myself, and seen management teams struggle
with how to price an
illiquid bond when tax loss sellers bomb the
market at the end of a year
If you want to learn the microstructure of
markets, there is no better training ground than
with illiquid securities.
Note that this price depth table is taken before
market open so it seems that the stock is somewhat
illiquid with a large gap between the first and second prices in the buyers (bid) prices.
As a result, those that make
markets, or buy and sell stocks tend to be more cautious in setting prices to buy and sell
illiquid securities because of the difficulty of trading, and the problem of moving the
market away from you
with a large order.
Buyers
with deep - pockets can create huge price changes when they attempt to enter relatively
illiquid markets.
Add in one more factor, and you can see why the
market is so
illiquid — the buy side of the
market is more concentrated than in prior years,
with big buyers like PIMCO, Blackrock, Metlife, Prudential, etc. being a larger portion of the
market.
The impact I am more concerned
with is in the concentration of assets into less and less differentiated products and the fact that ETFs have become a liquidity provider (when flows are positive) in areas of the
market that are
illiquid.
When the liquidity premium is high, the asset is said to be
illiquid, and investors demand additional compensation for the added risk of investing their assets over a longer period of time since valuations can fluctuate
with market effects.
Compared
with the U.S. or European fixed income
markets, Canada's bond
market is small and relatively
illiquid.
The cost to purchase thousands of bonds in
illiquid markets, even those
with minimal impact on the index, can quickly erode returns.
The big advantage
with MM is that they will provide a
market even when the underlying is very
illiquid and only might have a few trades each day.
A major danger
with markets is that
markets which are perceived as liquid attract people to the buying side, while those which are seen as
illiquid repel people.
Plus if dealing
with an
illiquid stock it would be quite stupid to place a
market order.
If using a
market order - yes you will buy or sell, but in an
illiquid stock
with a large spread you will get a very bad price for it, likely more than 10 % away from the last traded price.
-- Shares could be very
illiquid,
with far less information flow — you may see little trading, and brokers will have little incentive to support a
market in shares.
Factors which may cause the adviser to make such a judgment include, but are not limited to, the following: only a bid price or an asked price is available; the spread between bid and asked prices is substantial; the frequency of sales; the thinness of the
market; the size of reported trades; and actions of the securities
markets, such as the suspension or limitation of trading; (iii) securities determined to be
illiquid; (iv) securities
with respect to which an event that will affect the value thereof has occurred (a «significant event») since the closing prices were established on the principal exchange on which they are traded, but prior to the Fund's calculation of its net asset value.
International investments, particularly investments in emerging
markets, may carry risks associated
with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become
illiquid.
Make
illiquid markets liquid by digitizing assets to launch new
markets and reduce operational costs
with next - generation blockchain technology.
The result is demand buying bitcoin and price moves prior to the fork as participants clamour to claim their free money
with Illiquid futures
markets acting as proxy for value.
In
illiquid markets and trading platforms
with inflated volumes, it is relatively easy to manipulate the price of small cryptocurrencies.
The funds typically want to leverage their equity
with about 60 % of debt, but the
illiquid credit
markets have made it increasingly difficult to secure that capital.