• 1. underlying assets: 相关资产 | 基础资产 | 标的资产
• 2. Assets Underlying Option Contracts: 期权合约标的物

• 1.The composition, according to the underlying assets, can subdivide Collateralized Bond Obligations (CBO) and Collateralized Loan Obligations (CLO).
  根据标的资产的构成，可以将债权抵押债券（CBO）和贷款抵押债券（CLO）进行细分。
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• 2.Market-risk teams saw them as credit instruments, since the underlying assets were loans.
  而市场风险小组认为它们是信用工具，因为这些产品的基础资产是贷款。
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• 3.Nevertheless, the rapid trading of ETFs is an area of concern, especially when the underlying assets are illiquid.
  但是高速交易中的ETFs是一个值得关注的问题，尤其当相关资产是缺乏流动性的。
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