Low Liquidity definition

Low Liquidity means, in respect of any date before the Final Valuation Date, that the average daily trading volume of the Shares over a period of ten Scheduled Trading Days immediately preceding such date is less than five percent of the average daily trading volume of the Shares over the Liquidity Reference Period, whereby the trading volume of the Shares relevant for this provision shall be the trading volume in Underlying Currency on the Exchange. “Liquidity Reference Period” means the later of (i) a period of sixty Scheduled Trading Days immediately preceding the Issue Date or (ii) a period of sixty Scheduled Trading Days immediately succeeding the initial public offering date of the Shares on the relevant Exchange.
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Examples of Low Liquidity in a sentence

  • Prior to trading in derivatives, the investors should make certain that they fully understand the nature of, and the risks associated with, these products.2.3.6 Low Liquidity Investments We will finish this part by a brief discussion on another class of investment assets that is viewed more as hobbies than investment even though some of these assets did experience substantial returns in the past.

  • A firm is tagged as Low Liquidity if the cash ratio measure of the firm in time period T is below median.

  • Taken together, these findings reveal that over the course of the study informal volunteering became more geographically concentrated, with fewer respondents reporting that they volunteered both within and outside their neighbourhoods.

  • Low Liquidity can result in slower transaction times, extreme price swings and higher than normal slippage rates.

  • Investment Approaches & ParametersThe LDFI Program is managed through the Low Liquidity Enhanced Return (LLER) Program.

  • Investment Approaches & Parameters The LDFI Program is managed through the Low Liquidity Enhanced Return (LLER) Program.

  • The FOA’s Power Trading Forum spent many months drawing up a detailed RFP in an attempt to redress the key weaknesses of the Wholesale Power Market – Low Liquidity, Limited Credit Access and High Barriers to Entry.

  • The Company's shares are listed for trading on the Athens Stock Exchange, in the category Low Dispersion, Low Liquidity & Special Features of the Athens Stock Exchange, the "Construction" segment.

  • The real estate industry worldwide is one where slow, paper-dependent processes cause major delays in the change of property ownership, resulting in property being a highly valuable but illiquid asset.CHALLENGES TODAY IN REAL ESTATE Low Liquidity High Transaction Costs Lack of Tranparency The property buying experience has largely remained the same for the last half century, especially when compared to other technological advancements made in the financial and information sectors.

  • PurposeThe purpose of the Low Duration Fixed Income (LDFI) Program is to diversify CalPERS investment programs and enhance CalPERS returns, while dampening overall risk of CalPERS investment programs.Investment Approaches & ParametersThe LDFI Program is managed through the Low Liquidity Enhanced Return (LLER) Program.All investment programs shall have specific written guidelines.