Question Details

	Username: ForexGuy Rating: Asked to: Dara Madee Date Created: 13 Nov 2018
Category	28
Tag	Financial
Question	What is a 'Liquid Asset'?

Advice from Guru

Hello ForexGuy,

A liquid asset is an asset that can be converted into cash speedily, with little impact to the price received in the open market. Liquid assets include money market instruments and government bonds.

The foreign exchange market is deemed to be the most liquid market in the world because it hosts the exchange of trillions of dollars each day, making it impossible for any one individual to influence the exchange rate.

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