You have closed end funds, trade as a security listed on the stock exchange, but what they do is own other securities.

假如你持有封闭式基金，这种基金在证券交易所作为一种债券进行交易，但是实际上它们做的是持有其他债券。

耶鲁公开课 - 金融市场课程节选

Those are institutions that arrange for or manage the buying and selling of financial assets, such as the New York Stock Exchange.

经纪机构是指那些安排或,管理买卖的,金融资产的机构,比如说纽约股票交易所

耶鲁公开课 - 金融市场课程节选

Now the brokerage industry-- The New York Stock Exchange goes back into the eighteenth century, it's very old.

经纪行业历史悠久...,纽约股票交易所历史悠久,成立于18世纪

耶鲁公开课 - 金融市场课程节选

The options have been traded for several decades, starting with the Chicago Board Options Exchange.

期权最初从芝加哥期权交易所进行交易,到现在已经交易了几十年

耶鲁公开课 - 金融市场课程节选

We also have standardized contracts that are traded on exchanges and they're called futures contracts.

也有在交易所中交易的,标准化合同,它们被称做期货合约

耶鲁公开课 - 金融市场课程节选

I've been working with the Chicago Mercantile Exchange to create a futures market for single-family homes, which is sort of my connection to the futures industry.

我一直以来和芝加哥商业交易所合作,创建一个适合单一家庭的期货市场,这是我参与期货行业的一种方式

耶鲁公开课 - 金融市场课程节选

Generally these are called over-the-counter contracts because they're not arranged through exchanges.

通常来说 它们被称为场外交易合同,因为这种交易是在交易所之外进行的

耶鲁公开课 - 金融市场课程节选

But now there are many options exchanges.

现在有许多期权交易所了

耶鲁公开课 - 金融市场课程节选

In fact, the idea of the stock exchange goes back to the fourteenth century, when in Flanders the first stock exchange called The Bourse was established.

事实上,股票交易所的诞生,可以追溯到14世纪,那时候在佛兰德斯,一个叫做,The Bourse的股票交易所成立了

耶鲁公开课 - 金融市场课程节选