Unlimited leverage comes automatically with an option exchange. And derivative trading which made the option exchanges look like a benign event.

期权交易与无限杠杆率是与生俱来的,而且金融衍生品交易使得,期权交易看似有益。

斯坦福公开课 - 经济学课程节选

That's a whole part of the world that is building alliances, building ties, building economic exchanges, ignoring us.

这一大块区域,正在建立同盟，建立关系，开展经济往来，我们被忽略了。

普林斯顿公开课 - 国际座谈会课程节选

Warren Buffett said it was not my idea. We are not controlling margins if you have option exchanges.

巴菲特说这不是我的主意，如果你有,期权交易的话我们不会控制保证金的。

斯坦福公开课 - 经济学课程节选

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

What if every synagogue and mosque, church, temple, secular humanist society was involved in congregational exchanges the way that most of these institutions are now involved in some kind of service work?

如果每座犹太教会堂，穆斯林清真寺，基督教堂，佛教寺庙，世俗社会都参与到,公众的交流中，将会怎么样？,大多数机构正在以这种方式,参与某种服务工作中？

普林斯顿公开课 - 人性课程节选

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

The options are a very useful technology for managing risks and I think that we'll see a rapid--Over the next few decades, we'll see rapid expansion in the scope of options contracts traded on the exchanges.

期权是管理风险的,一个非常有用的技术,我认为在往后的几十年,交易市场上,我们将会看到期权合同的迅速发展

耶鲁公开课 - 金融市场课程节选