Aufsätze Ökonomik

Aufsätze Pädagogik

Aufsätze Sozialethik


Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

Abhandlungen über Johann Heinrich Jung-Stilling

Nachtodliche Belehrungen zur Ökonomik

Nachtodliche Belehrungen zu Persönlichkeiten

Nachtodliche Belehrungen zur Philosophie

Nachtodliche Belehrungen zur Theologie

Nachtodliche Belehrungen zu verschiedenen Themen


Stock exchange liquidity

The ability to find a trading partner on the stock exchange at any time at a favorable cost. This includes the ability to trade large amounts without affecting the price against oneself (market impact: an adverse price movement due to large, quickly executed orders). Liquid secondary markets enable investors to dispose of securities at low cost in the event of an unforeseen need for funds. Liquid securities markets thus also increase the willingness to invest in corresponding securities. – See Liquidity, Securities market. – Cf. Deutsche Bundesbank Monthly Report, January 2006, pp. 37 ff. (here also issues relating to the regulatory framework).

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: