“所有新产品最终将告别高利润率，变成标准化、低利润率且有望实现大规模交易的业务，”某最大衍生品交易商的一位高管表示。
"All new products eventually stop being high-margin and become standardised, low-margin, and hopefully high-volume, businesses," said an executive at one of the biggest derivatives dealers.
美国股市昨日下挫，标准普尔500指数终止了连续三个交易日上涨的势头，外界担忧欧洲主权债务危机蔓延，美国联邦监管机构对对冲基金进行清查，展开大规模内幕交易调查。
U. S. stocks declined yesterday, snapping a three-day gain for the S&P 500, amid concern about Europe's sovereign debt and as federal agents raided hedge funds to probe insider trading.
亚洲第一笔掉期交易价值不到1亿港元(合1300万美元)，以全球标准衡量规模较小。
The inaugural transaction in Asia, at less than HK$100m ($13m), is small by global standards.
由于证券交易所向上市公司提供的各种服务具有规模效应，因此当前的收费标准具有一定的合理性。
Because of scale effect of services that stock exchanges offer, current charging standards of listing fees are rational.
由于证券交易所向上市公司提供的各种服务具有规模效应，因此当前的收费标准具有一定的合理性。
Because of scale effect of services that stock exchanges offer, current charging standards of listing fees are rational.
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