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
I deal directly with the broker,
我直接跟经纪人交易,
When the Treasury in the United States sells Treasury bills notes and bonds they deal almost exclusively or we say primarily--with broker-dealers not the general public.
当美国的财政部,卖出国库券,票据,债券时,他们几乎是私下交易的,或者说首先与经纪自营商交易,而不是大众市场。
Primary dealers are broker-dealers; they are not banks.
一级交易商是经纪自营商;不是银行。
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