Instead, they commit their own capital to make markets - as the Chicago pit traders did - by Posting bids and offers on various exchanges.

相反，它们通过在众多交易所下买盘和卖盘，用自有资金做市——就像芝加哥场内交易商所做的那样。

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Light pools are electronic crossing networks, or ECNs, where bids and offers are displayed so everyone can see the trading intentions of all participants.

白池是指电子交叉网络(ecn)，卖出价格和买入价格都显示出来，因此每个人都能看到所有参与者的交易意图。

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An exchange system in which bids and offers are continuously posted on the exchange during the trading day by its members.

拍卖系统在交易日中，买入和卖出信息不间断地由成员刊登在交易所内的交换系统。

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"We did see bids and offers yesterday, but we didn't actually see any trades, " said Hagood.

FORBES: Catastrophe Bonds

Handelsblatt's exchange shows the order book for bids and offers in its currency, the WMark.

ECONOMIST: Buttonwood

But imagine a vast electronic exchange on which literally millions of bids and offers are constantly flickering.

ECONOMIST: The future of finance | The