所谓“抢帽子”交易是指证券公司、证券咨询机构、专业中介机构及其工作人员，买卖或者持有相关证券，并对该证券或其发行人、上市公司公开作出评价、预测或者投资建议，以便通过期待的市场波动取得经济利益的行为。
她弟弟和另外两个男孩子在争抢帽子，我独自站在栏杆旁。
Her brother and two other boys were fighting for their caps, and I was alone at the railings.
如何界定“抢帽子交易”的法律性质，在各国证券界一直存在争议。
How to define the legal nature of scalping remains a disputable issue in the world securities industry.
2003年德国联邦最离法院对斯图加特“抢帽子交易上诉案”作出判决，裁定“抢帽子交易”不是内幕交易，而是市场操纵。
In 2003, German federal Supreme Court made a ruling on the scalping case that they were guilty of market manipulation rather than insider trading.
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