illiquid

• Secondary markets have become highly illiquid, and are trading at prices below where they would be in normally functioning markets. —  Forbes.com: News
• The problem the banks are facing is that the derivatives products are highly complex and illiquid, and hence the credit freeze as the banks barely know their own exposure let alone that of banks seeking to borrow on the inter bank money market, hence any cash the banks have is being hoarded in advance of further losses as giant holes are blown in the valuation of the derivatives such as collateral debt obligations. —  PLIGG_Visual_Name - PLIGG_Visual_RSS_All
• For fund managers implementing strategies using instruments that suddenly became illiquid, the only solution, to avoid collapse, has been to impose different mechanisms (side pocket, redemption in kind, gate …) to restrict investors 'redemption rights. —  pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator
• Because it was assumed that the MBS market was "illiquid," the government would become the buyer of last resort for these products. —  Latest Articles
• Although the market for such insurance is relatively illiquid, the price suggests the market believes the US government is more likely to default on its obligations than some other industrialised countries. —  EYE ON MIAMI

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