Low trading cost - With CMS Forex, no clearing fees, no exchange fees, no Software fees, no brokerage fees.

便宜的交易费用-在CMS，没有结算费用，没有交易费用，没有软件费用，也没有佣金费用。

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Most are unlisted on a major exchange, typically trading on the OTC Bulletin Board, where brokerage costs can be high.

绝大多数未在主要交易所上市，通常在经纪人成本很高的场外交易公告牌市场 进行交易。

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Buffett's father is a securities brokerage, and therefore the age of 10 he visited the New York Stock Exchange, when he resolved to become a millionaire at age 35.

巴菲特的爸爸是证券经纪，故他在10岁时参观过纽约证券交易所，当时便立志要于35岁时成为百万富翁。他认为他有25年时间，他相信他可以做到。

youdao

Now the brokerage industry-- The New York Stock Exchange goes back into the eighteenth century, it's very old.

经纪行业历史悠久...,纽约股票交易所历史悠久,成立于18世纪

耶鲁公开课 - 金融市场课程节选

"All these exchanges are setting records, " in terms of the number of contracts changing hands at places like the New York Mercantile Exchange, where brokerage houses will take a cut for each transaction.

CNN: Why gasoline follows oil up but not down

Mr Arbor has asked the Commodity Futures Trading Commission, the industry regulator, to block the proposed exchange, claiming that Cantor, as a brokerage, has a conflict of interest.

ECONOMIST: Chicago��s ancient futures exchanges are showing their age

Other stocks should be contemplated as long-term plays because of the transaction costs:Your broker must go through an Aussie counterpart, adding overseas commissions and foreign-exchange spreads to the U.S. brokerage fee.

FORBES: Aussie Stock Guide