Business location is not only closely related to their trades, the size, nature is also a decisive factor.

企业选址不仅与所属行业紧密相关，其规模、性质也是决定性的因素。

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Unlike other stock exchanges, NASDAQ has no central location where trading takes place. Instead, its market makers are located all over the country and make trades by telephone and via the Internet.

与其他证交所不同，纳斯达克没有股票交易的中心交易场所，它的市场期票出票人遍及全美各地，通过电话和互联网进行交易。

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The markets charge traders now for all matters of things: co-location, faster data feeds, trades that are actually executed.

FORBES: As Europe, Canada Try To Control Bot Traders, The U.S. Falls Behind