V2EX market-depth

Market Depth

释义 Definition

市场深度:指在不同价格水平上,市场中可供买卖的订单数量与流动性厚度。市场深度越大,通常意味着大额交易对价格的冲击越小、成交更容易。

发音 Pronunciation (IPA)

/mrkt dpθ/

例句 Examples

The stock has good market depth, so large orders don’t move the price much.
这只股票的市场深度很好,所以大单不太会把价格推得大幅波动。

In a crisis, market depth can vanish as liquidity providers pull their orders, widening spreads and amplifying volatility.
在危机中,随着流动性提供者撤单,市场深度可能迅速消失,点差扩大并放大波动。

词源 Etymology

market(市场)源自拉丁语 mercatus(交易、买卖);depth(深度)源自古英语 dēop(深的)。合在一起的金融用法属于现代市场微观结构语境中的术语,用来形象地描述“订单簿在各价位的厚度”。

相关词 Related Words

文学与著作中的用例 Literary & Notable Works

  • Maureen O’Hara,《Market Microstructure Theory》讨论流动性、订单簿与市场深度等核心概念。
  • Larry Harris,《Trading and Exchanges: Market Microstructure for Practitioners》以实务视角解释市场深度与交易成本、冲击成本的关系。
  • Michael Lewis,《Flash Boys》在描述电子化交易与流动性变化时涉及订单簿与市场深度的现象。
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