#交易流动性 Trading Liquidity Overview

Trading liquidity refers to the ability of an asset to be quickly bought and sold in the market without significantly affecting its price, which is a core element of efficient functioning in financial markets. High liquidity markets (such as foreign exchange and U.S. stocks) are characterized by low trading costs, fast execution speeds, and stable prices, which reduce investor risk; low liquidity markets can lead to wider spreads, delayed transactions, and increased volatility. Liquidity is influenced by factors such as trading volume, market depth, and participant diversity. Global markets (like foreign exchange) have optimal liquidity due to 24-hour trading and large capital flows, while niche assets or emerging markets exhibit weaker liquidity. Investors need to pay attention to changes in liquidity, using it to assess market health and trading opportunities, to avoid the risk of liquidity depletion. Essentially, liquidity serves as an efficient bridge for the conversion of capital and assets, supporting the resource allocation and price discovery functions of financial markets.