While one trader said that current physical deals were aligned with paper values, another pointed out that the API2 index, against which coal swaps are settled, is derived from spot physical trades.
一个交易商指出，目前的现货交易和票据市场的价值保持一致，另一个则指出作为煤炭掉期交易的标准的API2指数是从现货实际交易中产生。
The TSE handles 95 per cent of Japanese spot market trades and might soon absorb two smaller commodities exchanges.
东京证交所处理95%的日本现货市场交易，并且可能很快将要兼并两家规模较小的商品交易所。
When run properly, construction sites are true meritocracies. Competence in the building trades is easy to spot and incompetence is impossible to hide.
管理得当，建筑工地是真正的唯才是举，建筑行业竞争激烈，无能之辈无处躲藏。
When run properly, construction sites are true meritocracies. Competence in the building trades is easy to spot and incompetence is impossible to hide.
管理得当，建筑工地是真正的唯才是举，建筑行业竞争激烈，无能之辈无处躲藏。
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