Most of the time, computerized trading makes stock markets more efficient, and it's easier and cheaper for investors, both large and small, to trade.
3
欧洲的银行股票在资产价值以下交易,说明投资者预期他们的资产负债表在将来会有大额的减计。
European bank shares trade at well below asset value, suggesting that investors expect their balance-sheets to suffer significant write-downs in future.