More worrying than the small absolute size of Asia's bond markets is their lack of liquidity and price transparency.
比亚洲债券市场的小型化更让人担心的是流动性和价格透明度的缺乏。
Such derivatives would be traded on exchanges or alternative swap execution facilities, which would improve pre - and post-trade price transparency.
这些衍生产品将在交易所交易,或是使用另类互换交易设施进行交易,这将改善交易前和交易后的价格透明度。
There is still much to be done, however. More worrying than the small absolute size of Asia's bond markets is their lack of liquidity and price transparency.
但还有很多事情需要去做,比亚洲债券绝对规模小更需要担心的是其流动性和价格透明度的缺乏。
WHEN the Internet took off in the mid-1990s, it was often claimed that it would improve price transparency, cut out middlemen and make markets more efficient.
随着1990年代中期互联网的蓬勃发展,大家都认为它会提高价格透明度、减少中间商进而提高市场效率。
If there is cause for disappointment it is that sound money and the price transparency afforded by a common currency have not fostered faster economic growth.
如果有让人失望的地方,那就是健全通货(sound money)与共同货币带来的价格透明度(price transparency)未能促进经济更快地增长。
But that kind of price transparency is missing in the art market, which is controlled by two British auction houses: Christie's and Sotheby's.
但像这样的透明的价格并未出现在艺术市场上,这个市场由两家英国拍卖公司控制:佳士得与苏富比。
The prospect of losing revenues to India or Thailand is already shocking hospital administrators and insurers into raising standards, increasing price transparency and lowering costs.
美国医院的营业收入可能会流向印度和泰国,这一前景深深触动了医院管理层,他们已经改善了医疗质量,提高了收费透明度,降低了医疗支出。
It is not only price transparency that makes Internet consumers so powerful; it is also the way the net makes it easy for them to be fickle. If they do not like a website, they swiftly move on.
不只是互联网上透明的价格使得消费者成为强势群体,网络也使得他们成为“薄情”一族,如果他们不喜欢某一网站则会毫不犹豫地离开。
It is not only price transparency that makes Internet consumers so powerful; it is also the way the net makes it easy for them to be fickle. If they do not like a website, they swiftly move on.
不只是互联网上透明的价格使得消费者成为强势群体,网络也使得他们成为“薄情”一族,如果他们不喜欢某一网站则会毫不犹豫地离开。
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