Quotes About Liquidity

We really believe in the earnings. We're very proud that often we do well in the down market. But you know, there are some markets where they just lose liquidity, like 2001, 2008.

People who applaud traders for providing liquidity to markets are often saying little more than that trading facilitates trading

Whenever there is a a financial crisis, it is always the banks that get hit.

He had little doubt that Trump was guilty of most of what he was accused of. "How did he get the dough for the primary and then for the general with his 'liquidity' issues?" asked Bannon with his hands out and his eyebrows up. "Let's not dwell.

T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is not unusual -- banks use it all the time -- the crucial difference is that banks have a strong liquidity provider in the event of a problem: the Bank of Canada. The trusts, however, were left in limbo.

So why didn't ABCP investors -- at least the large institutional investors -- have a better grasp of the uncertain nature of market disruption triggers as defined under Canadian-style liquidity? Probably because the contracts were not available for review to investors wishing to purchase ABCP -- yet another example of the lack of transparency surrounding the distribution and sale of this product.