问题如下:
A financial analyst is examining whether a country’s financial market is well functioning. She finds that the transaction costs in this market are low and trading volumes are high. She concludes that the market is quite liquid. In such a market:
选项:
A.traders will find it hard to make use of their information.
B.traders will find it easy to trade and their trading will make the market less informationally efficient.
C.traders will find it easy to trade and their trading will make the market more informationally efficient.
解释:
C is correct.
In such a market, well-informed traders will find it easy to trade and their trading will make the market more informationally efficient. In a liquid market, it is easier for informed traders to fill their orders. Their trading will cause prices to incorporate their information and the prices will be more in line with the fundamental values.
老师,B和C是相反方向,市场越有效,信息越透明化,不应该选B吗?