The eager of appropriable quasi-rents made the retail trader want to get rid of the limit of the manufacturer, carry out the longitudinal integration, and begin to develop and produce his own brand.

契约的不完备性导致零售商考虑需要改进或改变与制造商间的交易； 对可占用性准租的渴望使零售商有动力摆脱制造商的限制，实施纵向一体化，开始开发并生产自己的品牌。

youdao

The retail trader benefits from a put that gains in value as the market falls, while the market maker loses.

FORBES: Mark Sebastian Emphasizes Importance Of Understanding Math Behind Options

If a retail trader enters a prohibited transaction working with an unregistered RFED offshore, he may not have rights to use U.S. courts either.

FORBES: Offshore Forex Trading Is Heading Back To U.S. Shores

We answer a key question about whether a U.S. retail forex trader can trade on a non-RFED registered foreign platform after the Oct. 18 registration due date (90 days after Dodd-Frank Fin Reg enactment).

FORBES: Forex Traders Have A Little More Time