There is nothing the European Commission can do about the side-effects of a fixed exchange rate and a single interest rate for the euro area—they are inherent to a single currency.

欧盟委员会对于欧元区实行固定汇率和单一利率产生的副作用无能为力—各国都被单一货币粘在了一起。

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Brokers were paid a fixed minimum commission on shares and gilts, which ripped off big clients, and jobbers lacked the capital to deal in big amounts.

股票经纪人的手续费是固定的，这使得大客户深为不满，而做市商缺乏资本经营大宗业务。

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In Paris, only agents DE change could receive a commission, at a rate fixed by law, for acting as an intermediary.

在巴黎，只有经纪人可以通过中介活动收取法定比例的佣金。

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Steven Wallman aims to do to the mutual fund industry what Charles Schwab did to the old fixed commission structure--rip it up.

FORBES: Safe at any Speed

Keep in mind, that this was a group that grew up in the fixed commission era of paying 25 cents a share.

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Until the early 1970s stocks traded on a fixed commission set by the NYSE, up to 2% each way (or 4% in and out) of the total value of the shares being traded, with extra fees for smaller transactions sometimes doubling the cost.

FORBES: Stock Market Becomes Short Attention Span Theater Of Trading