%0 Journal Article
%T An Approach to the Measurement of Stock Liquidity<br>股票流动性的度量方法
%A LIU Hai
%A |long
%A ZHONG Li
%A |ming
%A WU Chong
%A |feng
%A <br>刘海龙
%A 仲黎明
%A 吴冲锋
%J 系统工程理论与实践
%D 2003
%I 
%X Open\|end funds require that the fund managers have the obligation of redemption, which makes it important for fund portfolios to have liquidity. Based upon the investigation of current methods of measuring liquidity, this paper proposes a new way of measuring stock liquidity from the point of view of market microstructure. The method provides a valuable reference for fund managers to select portfolios.
%K open\|end fund
%K liquidity
%K market depth
%K effective liquidate speed<br>开放式基金
%K 流动性
%K 市场深度
%K 有效流速
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=CD2796E76DB809E0&yid=D43C4A19B2EE3C0A&vid=EA389574707BDED3&iid=CA4FD0336C81A37A&sid=7801E6FC5AE9020C&eid=659D3B06EBF534A7&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=19&reference_num=8