liquidity

a bank that is increasing its liquidity by shortening the average term of its loans.

一家以缩短平均贷期限来提高其资性的银行

If the price efficiency underlying index after the listing of 50ETF isn’t improved, liquidity traders will sustain losses with information traders, speculator and arbitrager can’t profit.

如果50ETF上市后上证50指数市场的定价效没有提高，那么，一方面不知情交易者在与知情交易者进行交易时就会遭受损失；另一方面投机者和套利者在进行ETF套利时也往往不能获得利润，甚至可能发生亏损。