over-the-counter market

1. 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.
   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，困此，纳斯达克（NASDAQ）被称为买卖双方直接交易市场。
2. A forecast to tumbling profits at COMPAQ Computer sent the stock market into a tailspin yesterday, particularly the over-the-counter market.
   预测Compaq电脑公司利润下降的消息使昨天股票市场一路下跌，尤以店头交易为然。
3. Until recently, it was an over-the-counter market controlled by banks, in which deals were done privately and banks did not have to post collateral, as swaps dealers must on exchanges.
   之前，它一直都是银行控制的一个场外交易市场，在这个市场上，银行私下完成交易，不需要像掉期交易商在交易所那样必须提供担保。
4. Imperial Tobacco intends to maintain its ADR facility as a Level I programme to enable investors to retain their ADRs, which will be traded on the over-the-counter market in the USA.
   帝国烟草计划维持其美国存托凭证工作，作为一个使投资者维持其美国存托凭证的一级项目，将在美国的柜台市场上进行交易。
5. The surge in prices coincides with fresh interest from hedge funds and other investors looking to gain exposure to the commodity thanks to greater liquidity in the previously opaque over-the-counter coal market.
   煤炭价格飙升之际，由于以前不透明的场外交易煤炭市场流动性增强，对冲基金及其他投资者加大对这一大宗商品的投资兴趣。
6. The calculation of value, substitution, and ratios with respect to collateral and time limits for meeting margin calls shall be prepared by the securities exchange in joint consultation with the over-the-counter securities market, and submitted to the competent authority for ratification.
   担保品价值之计算方式、更换、比率及补缴期限，由证券交易所会同证券柜台买卖中心拟订，报请主管机关核定。
7. Most of these hedging activities are done between companies and banks in the over-the-counter ( OTC) market.
   这些对冲活动大多是公司和银行同国场外市场（otc）完成的。
8. Regulators have tightened disclosure. Institutions, lured by tighter spreads and abundant liquidity, are forsaking the over-the-counter market in favour of exchange-traded warrants.
   监管机构加强了信息披露规定；在价差收紧、流动性充裕的诱惑下，机构正在放弃场外交易市场，转而青睐交易所交易权证。
9. I think we have come up with a responsible approach that bridges the differences between those [ House] members who want to completely eliminate the over-the-counter market, and those who think that just greater transparency is all that is needed.
   我认为我们提出了一种负责任的方法，弥合了希望彻底取消场外市场的（众院）议员，与认为只需提高透明度的议员之间的分歧。
10. Long before the credit crisis broke, he led an effort to strengthen the infrastructure underlying the over-the-counter derivative market.
    早在信贷危机爆发前，他就曾牵头加强支撑场外衍生品市场的基础设施。
11. We must urgently move to regulate the over-the-counter derivatives market and address excessive speculation through aggregated position limits, said Gary Gensler, CFTC chairman.
    他表示：我们必须紧急行动，监管场外衍生品市场，通过限制总头寸应对过度投机问题。
12. Over-the-Counter Market, Private Equity Funds and Small-sized Enterprises ( SME) Financing: Based on Game theory
    场外交易市场、私募股权基金与中小企业融资&基于博弈论的分析
13. They and 12 other placing banks have promised to create an over-the-counter market for the bonds, but CDB cautioned that secondary trading could not be guaranteed.
    这两家银行及其它12家承销银行已承诺，将为这只债券创建一个场外交易市场，但国家开发银行警告称，二级市场交易可能无法得到保证。
14. Nevertheless, the industry faces potential long-term threats as it prepares for more of the over-the-counter derivatives market to move on to transparent trading venues to meet requirements mandated by the G20.
    不过，交易商间经纪行业还面临潜在的长期威胁，因为未来会有越来越多的场外（OTC）衍生品交易转移至透明化的交易场所，以满足20国集团（G20）的强制监管要求。
15. The move is the latest by Beijing to clamp down on the over-the-counter derivatives market after a number of state companies made disastrous bets on commodity prices and foreign exchange movements, losing billions of dollars.
    此举是北京打击场外衍生品交易市场的最新举措。此前，中国多家国有企业对大宗商品价格和汇率走势作出了灾难性的押注，造成数十亿美元亏损。
16. Brokers, dealers in the over-the-counter market, and even the stock exchanges themselves must register with the SEC.
    场外市场上的经纪人和商人，甚至股票交易所本身都必须在证券交易委员会那里登记。
17. As a result, the new financial instruments ( such as credit default swaps) developed in an opaque over-the-counter market populated by a few powerful dealers, rather than in a well regulated and transparent public market.
    结果，新型金融工具（如信用违约互换（cds））市场发展为由少数实力强大的交易商把持的、不透明的场外市场，而不是监管到位、信息透明的公开市场。
18. Fannie and Freddie will continue to file quarterly financial statements with the Securities and Exchange Commission and their shares will still be traded on the over-the-counter market, known as the pink sheets.
    房利美和房地美将继续向美国证交会（SEC）递交季度财务报告，而它们的股票仍将在场外交易市场，即所谓粉单市场（pinksheets）交易。
19. Developing Over-the-counter Market with the Characteristics of Wuhan Metropolitan Circle: Promoting the Operation of Two-oriented Society Pilot Region
    发展武汉城市圈特色场外交易市场&助推两型社会试验区运行
20. Traders, however, warned that the Shanghai premium was a reflection of the lack of connectivity between the Shanghai market and the London-based over-the-counter gold market, rather than a signal of the likely direction of world prices.
    但交易员警告，上海市场溢价反映的是该市场与伦敦场外黄金市场之间缺乏关联性，而非全球价格可能的走向。
21. A second related problem with the credit derivatives story was that it took place in an over-the-counter market with little disclosure and very little day-to-day news.
    信贷衍生品报道的第二个相关问题是，这些新闻发生在场外交易市场，信息披露和日常新闻都很少。
22. The system had to be adjusted to utilise Japan's over-the-counter options market, which has more liquidity than the listed one.
    这个系统需要进行调整，以利用日本的柜台交易期权市场。这个市场的流动性高于交易所期权市场。
23. In the process of the construction of multi-level capital market system, we must not only insist on developing primary market and derivative market, but also synchronously developing exchange market and over-the-counter market, and at the same time fully mobilizing the enthusiasm of financial intermediary.
    在构建多层次资本市场体系的过程中，既要坚持发展原生市场和衍生市场，又要同步发展场内市场与场外市场，还要充分调动金融中介的积极性。
24. Unifying GBM, developing over-the-counter market and building an block trading market to realize integrity and diversification of transaction system;
    统一国债市场，发展场外市场，试行大宗交易市场，以实现交易场所的统一化及层次化；
25. In the light of foreign experience and the natures of China's securities market, we should build up a multi-tier securities market system, include the stock exchange, the growth enterprise markets, the over-the-counter market and the property right exchange center.
    根据国外的经验，结合我国证券市场的特点，应该建立一个以证券交易所、创业板市场、场外股份交易市场、产权交易中心为主体的多层次证券市场体系。
26. United States initial public is the expositions focus of this part. NASDAQ market in the over-the-counter market of the United States has an important role.
    其中，以美国首次公开上市的退出方式为论述重点，纳斯达克市场在美国的场外交易市场中，有着重要地位。
27. Based on the strategic point of view of building a sound multi-level capital market, this paper explores and researches on the issues of constructing a national over-the-counter market.
    本文从构建完善中国多层次资本市场结构的战略角度出发，探讨研究建设全国性场外交易市场问题。
28. Since the securities market motherboard system construction in China has currently been almost finished, the construction of over-the-counter market has become the focus.
    现阶段，随着我国证券主板市场体系建设的基本完成，场外交易市场成为资本市场建设的重点。
29. Supervision gets essential in the over-the-counter market. because of the existence of the securities market failures and the systematic and non-systemic risk factors different from those of floor trading market.
    由于证券市场存在的失灵现象以及不同于场内交易市场的系统性和非系统性风险因素，它要求必须对场外交易市场进行监管。

noun

1. a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange

   Synonym:    OTC market