The paper analyzes the interrelationship of the trading mechanism based on open outcry,the transaction organization characterized by membership monopoly,and the non profit status as the core of the governance structure.
本文分析了以公开叫价为基础的交易机制、以会员资格垄断为特征的交易组织和以非赢利地位为核心的治理结构的相互联系 ,论证了期货交易所传统交易机制和组织形式之间的特定关系 ,研究了非赢利期货交易所的分配约束、资金约束和组织行为特点。
The open outcry system will continue.
这种公开叫价的方式会延续下去。
But starting August first, the Chicago Board of Trade will begin using a new electronic system at the same time.
但是从八月开始,在使用公开叫价方式的同时,芝加哥期货交易所将会开始使用新的电子叫价系统。
Open Outcry,Membership Monopoly,and Non-profit Status:--On the Interrelationship between the Traditional Trading Mechanism and Organizational Form of Futures Exchanges;
公开叫价、会员垄断与非赢利组织地位——论期货交易所传统交易机制与组织形式的关系
The value of a company if each of its parts were independent, publicly traded entities. Also called private market value( PMV).
以公司各部分为独立,公开交易的实体而得到的公司价值,也叫私有市场价值。
call rotation mechanism
轮流叫价机制,轮流开价制度
and says the family is prepared to offer you $100, 000... to stay away from their son.
然后出价十万元叫她离开少爷。
An auctioneer rouped the kirk seats beginning by asking for a bid.
拍卖者叫价以开始拍卖教会的坐椅。
The rooster flew up to a big rock and began to crow, too.
公鸡飞上大石头也开始鸣叫。
and a voice cried, @Lovely princess, open the door for me.
一个声音叫道:“美丽的公主,请为我开门。”
The ghost vanished the moment the cock began to crow.
公鸡一开始叫,鬼魂就消失了。
a confidential price list
不对外公开的价目表
Microsoft made a public offer to buy the Internet company Yahoo.
微软公开报价,收购网络公司雅虎。
The company is Craft and Craft,
这家公司叫Craft and Craft,
Open outcry market( ring trading)- this market is attended by representatives of the LME ring dealing firms.
现场叫价交易:由各会员公司的代表之间进行交易.
Halloween was called Samhain by the Irish. It came to be known as Halloween sometime around the fifth century A.D. .
万圣节在爱尔兰被叫做Samhain,公元第5世纪开始被称为万圣节。
A girl named @Snow White@ sent me a message and we struck up a conversation.
有一个叫白雪公主的女生传讯给我,我们便打开了话匣子。
Transport, this is Solo.Better take off -- l can't get to you.I'll get the princess out on the Falcon.
苏洛呼叫运输队,快点起飞,我不跟你们走了 我会带公主离开的
She is way too into PDAs. How can I tell her to stop it?
她真喜欢公开亲热,我应该怎么告诉她,叫她停止(么作)?