#Liquidity101 ### **#Liquidity101: Liquidity in Financial Markets (In Brief)**
**Liquidity** means the ease of buying or selling an asset (such as stocks, currencies, real estate) without significantly affecting its price.
#### **Key Concepts:**
1. **Liquid Assets**
- Assets that can be quickly converted to cash at a stable price (e.g., major currencies, large stocks like "Apple" or "Aramco").
- **Illiquid**: Difficult to sell quickly (e.g., real estate, small stocks).
2. **Liquidity Indicators:**
- **Trading Volume**: The higher it is, the greater the liquidity.
- **Bid-Ask Spread**: The narrower the spread, the greater the liquidity.
3. **Importance of Liquidity:**
- Reduces costs (lower spreads).
- Increases flexibility in entering or exiting trades.
- Reduces the risks of sharp fluctuations.
#### **Example:**
- **Liquid**: "Aramco" stock (millions of shares traded daily).
- **Illiquid**: A rare painting (it may take months to sell at the desired price).
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