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So for now, the disintermediation action is mainly in Europe, where Turquoise is targeting trading in the top 350 stocks - and where the NYSE has taken over Euronext, operator of continental bourses.

到目前为止，去除中间业务行动主要是在欧洲，欧洲绿松石计划的目标交易是顶尖的350只股票，纽约证交所则在欧洲收购了大陆交易所运营商泛欧交易所。

Following the emerging of internet, traditional retail channels of books, banks, stocks, tourism and ticketing have faced the challenges from many internet-based businesses which eliminating intermediary between buyers and sellers make products or services to sell cheaper and faster. And there are many researches on such kind of disintermediation effects in foreign society. But till now there is not any kind of disintermediation study in Taiwan. This study is a beginning research of disintermediation in Taiwan.

随著网路的崛起，传统实体通路的存在价值与市场地位也饱受威胁，在市场上的实际演变，书店、银行、证券、旅游、机票等中介者的角色，明显的已可被电子商务网站所取代，因此在国外已经有很多针对网路对实体通路产生「去中介化」之研究，在国内虽然也有类似的现象产生，但迄今还没有类似的研究，所以本研究有开启此议题研究先河之意义。

With two groups of gap harrow patches and disk harrow patches on assistant beams under boxshaped rack, adjustment hole on frame, connectingpothooks for connecting dead stocks, and handrailslink on the back; applicable for various soil, with ideal operating results.

它是在方框型机架下的两个附架横梁上分别安装两组缺口耙片组和两组圆盘耙片组，机架上哟路调整孔，机架后端有农具联接挂钩和扶手杆。这种耙地机能适应不同质地的土壤，有比较理想的作业效果。

Because of the lack of separation of dispensary and medical practice in many areas of Japan, many clinics have limited stocks of drugs.

因为在日本大都没有将药房与医务室分开来，这使得很多诊所药品储存量非常有限。

First of all, Shanghai Stock Market s risk constitution, and the ratio of the systematic risk and the non-systematic risk were introduced, some suggestion of risk management were also put forward .Secondly, the risk and the income relations were analyzed. Thirdly, using thirty (30) samples stocks of Shanghai Thirty (30) Indexes as the combination, the investment portfolio scale and the disperser risk degree, etc., were examined, the strategy of investment portfolio in Shanghai Stock Market was also put forward .

首先，分析了上海股市的风险构成，系统风险和非系统风险的比例，并根据上海股市的实际提出了风险管理的对策；其次，分析了风险与收益的关系；再次，以上海30指数的30只样本股为组合对投资组合的规模、分散风险的程度等作了研究，并提出上海股市投资组合的策略。

The large display board at the New York Stock Exchange that reports on stocks traded on the exchange .

在纽约证券交易市场显示股票交易的大的显示屏。

And most of products displayed on our website are available and have stocks here.

和大多数的产品显示在我们的网站提供，其股票在这里。

Looking ahead, middle distillate and gasoline stocks stand at comfortable levels.

展望未来，中馏分成品油和汽油储备将处于令人满意的水平。

Stocks of distillate, including diesel, fell, but remain 30% above the five-year average.

包括柴油在内的馏分油库存量出现了下降，但仍比五年平均水平高出了30%。

You will need to divest yourself of all stocks that might suggest any conflict of interest.

你必须放弃所有可能导致利益冲突的股份。

Singer Leona Lewis and former Led Zeppelin guitarist Jimmy Page emerged as the bus transformed into a grass-covered carnival float, and the pair combined for a rendition of "Whole Lotta Love".

歌手leona刘易斯和前率领的飞艇的吉他手吉米页出现巴士转化为基层所涵盖的嘉年华花车，和一双合并为一移交&整个lotta爱&。

This is Kate, and that's Erin.

这是凯特，那个是爱朗。