它的市场期票出票人遍及全美各地，通过电话和国际互联网进行交易。

Instead, its market makers are located all over the country and make trades by telephone and via the Internet.

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这个消息在拍卖前进一步压低了葡萄牙国债，流言造成了显著的紧缩并对于市场期票出票人产生了善意的伤害。

This created what amounted to a "short-squeeze" in Portuguese bonds just before auction, causing spreads to tighten dramatically and inflicting damage on market makers acting in good faith.

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由于股票交易是由经纪人和市场期票出票人直接进行，而不是在股票交易大厅内进行的，因此，纳斯达克(NASDAQ)被称为买卖双方直接交易市场。

Because brokers and market makers trade stocks directly instead of on the floor of a stock exchange, NASDAQ is called an over-the-counter market.

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