随着时间的推移，它们持有的证券将可能减少。
Over time their holdings of securities will probably be wound down.
第一百五十条证券持有人所持有的证券上市交易前，应当全部托管在证券登记结算机构。
Article 150. Before selling their listed securities, owners of the securities shall leave all their securities to be transacted with a securities registration and settlement organization which.
第一百五十九条证券持有人持有的证券，在上市交易时，应当全部存管在证券登记结算机构。
Article 159 Prior to listing for trading, the holder of securities shall have all of his securities deposited with a securities registrar and clearance institution.
另外一个动机就是，纽约联邦储蓄银行也是诉讼案的原告，原因是它在救助美国国际集团(aig)的时候获得了后者所持有的证券。
So was the fact that the Federal Reserve Bank of New York was a plaintiff, thanks to securities inherited in the rescue of AIG.
虽然银行的资本水平要比以前更好，但银行持有的贷款和证券的质量目前还不清楚。
And although capital levels are better than before, the quality of the loans and securities that Banks hold is still unclear.
今年晚些时候，美国将开始要求基金在证券交易委员会(SEC)登记并向监管人员透露所持有的部分股份。
Later this year, America will start to require funds to register with the SEC and disclose some of their holdings to regulators.
大部分由散户投资者持有的此类证券将会被回购。
Now, most auction-rate securities held by retail investors will be repurchased.
虽然贝尔斯登还没有确认持有的是哪一类衍生证券，我们可以从这些基金几个月前致客户的信函中窥得一些特点。
Although Bear Stearns has not yet admitted which versions of these derivatives it held, one can glean some characteristics from letters the funds sent to investors months ago.
假如投资者计划购买证券和长期持有的话，违约风险就是投资者应该真正最关心的问题。
Default risk is truly the largest concern a bond investor should have if they plan to buy a bond and hold it to maturity.
为增加新资本，花旗集团有可能将考虑转换私人投资者持有的优先有价证券。
To raise new capital, Citigroup is likely to broaden the conversion to include preferred securities held by private investors.
其他的银行不用担心，他们中许多银行持有的高声商业财产贷款已经接近面值了，而高盛在其有价证券组合中只支出了一半。
Unnervingly for other Banks, many of which carry their commercial-property loans at close to par value, Goldman marks its portfolio at a mere half that.
另外，个人投资者在日本外币市场可能直接拥有20- 30%份额，尽管日本个人投资者持有的外币额超过国外投资者所拥有的日本证券的额度。
In addition, retail investors' direct share of Japan's foreign-currency market may be 20-30%, whereas individuals' holdings of foreign currency exceed foreigners' holdings of Japanese securities.
尽管汇丰希望，在美国市场近一步确认的损失及其持有的资产支持证券的损失将限制在某个水平，不过增发新股则将使汇丰能够对极度糟糕的状况做好准备。
Although it hopes further realised losses in America and on its asset-backed securities will be limited, a rights issue leaves it prepared for the very worst.
根据该基金向美国证券交易委员会（SEC）提交的第一份13F报表（反映2000年底时的情况）显示，他持有的股票价值1.5亿美元。当时，韦斯切勒已经向公众进行了两次募资。
The fund's first 13F filing with the SEC, for yearend 2000 -- Weschler had by then opened the fund twice to investments -- shows it owned about $150 million of stocks.
作为交易的一部分，英美烟草将向非洲最大的约翰内斯堡证券交易所申请股份挂牌交易，因为一些历峰的股权是由当地人持有的。
BAT will apply to Johannesburg's stock exchange, Africa's largest, for a share listing as part of the transaction because some of Richemont's equity is held locally.
按比例的偿债基金强迫所有投资者在发行人退还债券的偿债基金时，按同等比例放弃他们所持有的债券，这通常只适用于记名证券。
It forces all investors to give up the bonds they hold according to the same ratio when the issuer returns the sinking fund. It is often used in registered securities.
间接持有是国际证券持有的主流模式。
Indirect holding is the mainstream method of holding securities in the international securities market.
如果中介机构破产，或用证券抵押贷款，就会引发第三方债务人与证券实际持有的矛盾。
If bankruptcy had befallen the intermediary institutions, or securities being used as mortagage loans, this would solicit conflicts between the third debtors and the actual security holders.
登记股票或有价证券持有者将其持有的对股票或有价证券的所有权正式记录在册或记录在电脑系统中的做法。
Registration a process by which an owner of stock or security has the ownership officially recorded in a book or on a computer system.
股票或有价证券持有者将其持有的对股票或有价证券的所有权正式记录在册或记录在电脑系统中的做法。
A process by which an owner of stock or security has the ownership officially recorded in a book or on a computer system.
因为部分证券收益和银行(已经贷出的)贷款是以现金形式持有的，所以降低了货币多倍扩张乘数。
The magnitude of the expansion of the money supply is reduced by the portion of securities proceeds and bank loans that are held in cash.
去年，摩根·士丹利出售了在中金公司持有的34%股权，提前终止了双方的坎坷合作，本来它们准备合作15年，后来大摩与华鑫证券成立了合资企业。
Last year Morgan Stanley sold its 34% stake in CICC, having earlier terminated their rocky, 15-year tie-up, and established a JV with Huaxin Securities.
去年，摩根·士丹利出售了在中金公司持有的34%股权，提前终止了双方的坎坷合作，本来它们准备合作15年，后来大摩与华鑫证券成立了合资企业。
Last year Morgan Stanley sold its 34% stake in CICC, having earlier terminated their rocky, 15-year tie-up, and established a JV with Huaxin Securities.
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