除了通过透明度不高的场外大宗商品掉期市场为客户处理大笔交易之外，银行本身也是大型大宗商品交易商。
Besides handling large volumes of trades for clients via the opaque over-the-counter commodity-swaps markets, they are also large commodity traders in their own right.
来宝表示，库存出售与“出售然后回购”协议不同，因为这家大宗商品交易商根据协议没有义务购回大宗商品。
Noble said inventory sales were different from a sale and repurchase agreement, as the commodities trader had no obligation under the deal to buy the commodities back.
来宝表示，库存出售与“出售然后回购”协议不同，因为这家大宗商品交易商根据协议没有义务购回大宗商品。
Noble said inventory sales were different from a sale and repurchase agreement, as the commodities trader had no obligation under the deal to buy the commodities back.
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