CCPs are the norm in exchange-based markets but they have been scarce among surging over-the-counter (OTC) derivatives, notably the gigantic market for credit-default swaps (see chart).
集中交易对手在交易市场中很常见，但在热度高涨的衍生品场外交易市场中却十分罕有，尤其是在信用违约掉期的巨大市场中更是如此(见表)。
Based on this, they can build and strengthen brand loyalty — even in markets that are increasingly commoditized and brand agnostic.
基于此，它们能够建立并拓展广泛的忠实用户——即使在市场日趋商品化与未知品牌的情形下。
All are based, to one extent or another, on the idea that people are irrational actors, and that markets aren't always efficient.
所有这些理论都或多或少以一个假设为基础：即人并不是理性的行为体，市场也不总是有效的。
The most contentious element concerns the access that funds based outside Europe will have to European markets.
最有争议的内容是基于欧洲以外市场的基金进入欧洲。
Being able to segment markets based on consumer buying behavior and price sensitivity will be necessary to take revenue management to the next level.
尽可能地参照客人购买习惯因素和价格敏感因素划分市场，将会让收入管理上升到更高层面。
Perhaps up to half the revenue from the new tax could be grabbed by countries where the financial markets are based.
也许这项新的税收收入中，有一半会落入设有金融市场的国家的口袋中。
But it is easy to get carried away during a boom; the strength of financial markets tends to be seen as a signal that the economy is soundly based.
但在繁荣期，容易冲昏头脑；金融市场的有力表现往往被视作是经济基础坚实的信号。
The latest ranking confirms a shift in power towards banks based in emerging markets.
最新榜单显示实力银行正向发展壮大的市场国转移。
The chief executive of Hydraulik se, an engineering company based in Munich, says apart from China, all its markets are still stuck in a trough, particularly Spain and Italy.
慕尼黑工程公司HydraulikSE的首席执行长霍伊斯根(Karl Haeusgen)说，除了中国之外，该公司的所有市场仍处于低谷之中，特别是西班牙和意大利。
For six-and-a-half hours a day, at a minimum, you get a real-time reading of how smart or idiotic you may be, and markets don't discriminate based on experience, expertise or net worth.
每天至少有6个半小时，你都会对自己的聪明或愚蠢程度有一个实时的了解，而市场不会因投资者的经历、专业知识或净资产而加以区别对待。
The success of German-based firms in Asia's export markets has benefited suppliers in eastern Europe, notes Gillian Edgeworth, of UniCredit.
UniCredit的GillianEdgeworth提到，德国企业在亚洲市场上出口成功为东欧的供给商带来了利益。
For example, Legrand and a rival in the electrical-power business, Schneider, have been busy absorbing firms based in fast-growing emerging markets.
Legrand和电气业的对手Schneider正忙于在高速成长的新兴市场吞并公司就是个例子。
With competitive pricing based on local markets rather than room service, market will not only be accessible, but affordable.
Market的价格很有竞争力，完全是市场价格，而不是按照房间送餐服务的价格。Market的服务不仅触手可及，而且价格公道。
Each market segment represents a group of potential customers with common characteristics. In consumer markets, segmentation is usually based on the following.
每个细分市场的潜在顾客群都有其共同特征。
The average p/e ratio in emerging markets, based on future expected profits, is around ten, not much more than half of Wall Street's.
在新兴市场上的平均市盈率大约是10%，不及华尔街的一半。
The allure of emerging markets is not just based on superior growth rates.
新兴市场的强大诱惑不仅仅基于其高速的经济增长率。
The rationalists' conviction is based on the mathematical model they use to understand the financial markets.
在理性主义者的信念是基于数学模型，他们利用了解金融市场。
Morphing is based on the premise that markets change so rapidly that itmakes no sense to wait until an innovation is perfect because we'll still needto modify or improve it in the short term.
随机应变是基于市场快速变化，等待革新变得完美变得毫无意义，因为我们在短期内还是必须修改或者改进它的这样一个前提。
The laziest distinction that investors are now making between different markets is based on size.
现在投资者区别不同市场的最粗略方法是看市场大小。
The latest valuation is based on just 12 share sales between employees over the last two months, highlighting the illiquidity of the closed markets on which its shares trade.
最新的评估依据是过去的两个月中员工之间的12次股份交易，同时也凸显了该公司股票在封闭的交易市场上的流动性不足。
Dr Bollen's algorithm, which he described in a paper published in February in the Journal of Computational Science, has been licensed to Derwent Capital Markets, a hedge fund based in London.
博伦博士二月份在《计算机科学杂志》刊发的一篇论文中描述了一种算法，该算法已授权给德文特资产市场使用，这是一家总部设在伦敦的对冲基金。
Ford has designed what they call a World Car; which means the new Ford Focus will sell in the U.S., European and Japanese markets and will be based off exactly the same platform.
福特设计出的被他们称为“全球车型”的新福克斯，将在美国，欧洲及日本市场销售并基于完全相同的平台制造。
In recent years, commodity exchanges have built up their technologies to allow easier access for computer-based traders, which have become a dominant force in some markets.
近年来，各商品交易所已开发出能让使用电脑的交易员更便捷进行交易的技术，这类交易员在一些市场上已经成为主导力量。
Both Holderith and Schroders market funds based on emerging markets, so their opinions aren't without biases.
赫德斯和施罗德都销售立足于新兴市场的基金，因此他们的观点并非没有偏见。
In fact, I'd repeat my observation from last week that, based on 2011 earnings, some Chinese markets are trading at reasonable levels.
事实上，我愿意重申我两周前的看法，即以2011年的收益为基础进行衡量，一些中国股票的市盈率是合理的。
In fact, I'd repeat my observation from last week that, based on 2011 earnings, some Chinese markets are trading at reasonable levels.
事实上，我愿意重申我两周前的看法，即以2011年的收益为基础进行衡量，一些中国股票的市盈率是合理的。
应用推荐