The existence of a secondary market spreads risk further.
二级市场的存在可以更进一步的分散风险。
Companies such as Hedgebay Trading have developed a secondary market for hedge-fund shares.
类似于Hedgebay Trading这样的公司已经在为对冲基金股份拓展二期市场了。
For China, its successful experience should be used for reference, and a secondary market should be set up when the time is ripe for action.
我国也应借鉴它的成功经验，在时机成熟的情况下建立二板市场。
NASDAQ, New York's other big stock exchange, has evolved from a secondary market dealing mainly in technology and start-up companies to a global force.
而纽约的另一个大型证券交易所纳斯达克(Nasdaq)也已经由一家主要从事科技与新兴企业股票交易的二版市场成长为一家全球性的交易所。
For example, letting founders sell 2% or so of their shares on a secondary market once the company hits some sort of financial milestone like cash-flow positive.
比如，一旦公司的财务指标满足某种标准，如现金流为正，就允许创始人在二级市场出售约2%的股份。
He looked at prices of three English stocks (the East India Company, the Bank of England and the South Sea Company) on a secondary market in Amsterdam from 1771 to 1777.
他观察了阿姆斯特丹一个中级市场的三只英国股票(东印度公司、英格兰银行和南海公司)从1771年到1777年的价格变化。
Asa result, the promissory notes are more transparent and thoroughly documented, and a secondary market allows lenders to sell their loans to other investors, if they wish to do so.
因此，票付承兑更加透明并且会有详细记录，同时二级市场允许借贷方将他们的贷款卖给其他投资人。
Under this operation, the investment bank will make markets in foreign exchange, money markets, commodity markets, etc., and maintain a secondary market for previously issued securities.
在这个运作系统下，投资银行会变成外汇市场、货币市场、商品市场等，对于先前发行的有价证券维持二级市场。
Securites become a kind of currency, traded in the so called “secondary market” at fluctuating price.
证券变成一种货币，在所谓的“第二市场”以波动价格予以交易。
But once the mainland offering takes place, price movements become random: the secondary market is not a good buy.
但是随着股票在中国国内上市，股价波动就不同了：二级市场不是好股票市场。
So Facebook soon may be required to disclose its financial data, including to secondary market investors who currently trade in a haze of amenable ignorance.
因此，Facebook可能很快就会被要求披露财务数据——包括向二级市场投资人披露这些信息。
Secondary market buying is about tactics, not support or lack thereof for a company or industry.
二级市场买入讲的是战术，而不是支持或不支持一家公司和一个行业。
It is not easy for a firm to play both the primary and the secondary market.
在一二级市场上同时如鱼得水，对于一家公司并不是易事。
Over time, those items can command a premium in the secondary market, where members trade their goods for virtual currency.
一段时间后，这些物品逐渐在二级市场走俏，玩家们在那儿换虚拟货币。
Telebras and its regional subsidiaries were so inefficient that they spawned a vigorous secondary market for telephone lines.
telebras及其地区子公司效益不佳，以致于造就了活跃的固话线路二级市场。
Open a new building often with the combination of the secondary market price.
打开一个新的建设往往相结合的二级市场价格。
There isn't a single drug currently on the market that addresses how cancer cells break loose from a primary tumor and get into the vascular system, migrate out, and form a secondary tumor.
麻省理工学院生物与机械工程学塞西尔与艾达·格林（Cecil and Ida Green）杰出教授卡姆说，“市场上没有一种药能说明癌细胞如何挣脱原来的瘤、进入血管系统、迁出并形成继发瘤。
Secondary market is a place that people sell and buy the old things, in which some have eight almost new goods, but only sell half the original price, so it is very popular.
二手市场是人们用来买卖旧商品的地方，其中有八成新的产品，但只卖原价的一半，所以二手市场是很受欢迎的。
In addition, because in a weak market, secondary market investors did not buy it has reasonable.
此外，因为在疲软的市场，二级市场的投资者不买它有合理的。
The maturity of various credit rating bond is more abundance will help to build up a rational corporate bond yield curve, and provide pricing benchmark for secondary market circulation.
各信用评级的发行期限更为丰富与完整，将有利于形成合理的公司债券收益率曲线，为二级市场流通提供定价基准。
As the price of the loans falls in the secondary market-to below 85% of their value in some cases-a number of Banks could face big losses.
随着贷款的价格在二级市场下跌—在某些情况下，跌至低于其实际价值的85% -一些银行就可能面临巨大损失。
The circulating market of national debt, which is also called secondary market, has a mutual relationship with first market.
国债流通市场，又称二级市场，与国债一级市场互为依存。
The circulating market of national debt, which is also called secondary market, has a mutual relationship with first market.
国债流通市场，又称二级市场，与国债一级市场互为依存。
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