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What is liquidity and how important is it?

Liquidity provided in the products is another important indicator showing the aggressiveness of the issuer's market making service. If the issuer offers larger bid/ask volume in the market, investors will have a higher chance to complete the transaction in one shot, without bearing extra risks/cost on incomplete trades when the market fluctuates.

恒指牛熊證平均最佳買入/賣出流通量 (相對期指張數)