商品交易

Abstract－Online group negotiation mode based on credit brings in credit mechanism, provides an safe and convenient trading platform to both vendor and purchaser, and it is an tri-win mode: Consumers can get goods and better service at a favorable price. Network agency can run without stock, be free of the risk of sale and physical distribution, return and exchange of commodities are taken in charge by suppliers, as a result, network agencies reduce the operation risk and cost, and make agency expense. Suppliers can sell a great deal of commodities, reduce operation cost and inventory risk, and get enough profit and many information of consumers with this mode in such a competitive meager profit times.

文中提出的基于信用的网上集体议价模式引入了信用机制，为买卖双方提供了安全便捷的交易平台，是一个三赢的模式：消费者能以优惠的价格购得商品和更好的服务；网络中介没有库存积压，无需承担销售风险，物流，退货、换货均由厂家负责，降低了自己的经营风险和成本，赚取了中介费用；厂商能在竞争激烈的微利时代，利用此通路出售大量商品，减少作业成本和库存风险，获得足够的利润，此外还可以获得大量的消费者信息。

This is an artifice-free exchange of one commodity for another.

这是一笔以一种大宗商品换取另一种大宗商品的没有花招的交易。

An exportable is a good that could be traded across borders, but need not be.

适于出口的商品是那种可以通过边缘地区交易的商品，但不需要进入该国家。

There was a need for a mobile phone mast in the area to improve the service for residents and the ideal location was on a floodlight pylon at the football club.

商品安全在非常健康网交易平台上销售的商品都是经过我们严格挑选的，提供的商品符合国家规定的标准，以保证提供给用户商品质量合格。

Acting as a futures commission merchant, introducing broker, commodities trading advisor, community pool operator, floor broker, leverage transaction merchant, any other person or activity regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment advisor, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity

社区水池操作员作为未来代售商，介绍经纪、商品换顾问，社区水池操作员、地板经纪、杠杆作用交易客商、其他人或活动在商品未来以前调控换委员会，或任何的一个伴生的人前面，或作为一位投资顾问、保险商、经纪或经销商在证券，或作为任何投资公司、银行、存款和贷款协会或保险公司的一名附属的人、主任或雇员，或参与或继续任何品行或实践于这样的活动相联

He also is expected to ask the CFTC to impose stiffer trading limits on the Nymex contract that can be settled with physical delivery.

他也希望美国商品与期货交易委员会能对纽约商品交易所进行的实物交割合同加以更严格的限制。

B. Indivisibility of commodities: Transactions of less than one unit of the commodity will not be possible.

商品分割困难：少於一单位的商品不能交易。

Commercial Bribery is the act that the dealer in process of selling and buying, obtains the unfair competitive edge by suborning decision-making persons with things of value or other means to drive the rival out of the transaction.

商业贿赂指经营者在销售或购买商品过程中，采用财物或其他手段贿赂交易相对人或对交易业务具有决定性影响的人，以促成交易、排挤竞争对手从而获得竞争优势的行为。

On the other hand, as illustrated in Picture B and D, the price drop would become material objects' price drop because of the continuous flow syphonage capital. Pictures stood by Picture B and D can become anti-syphonage theory pictures. The syphonage pictures and anti-syphonage pictures can simply stand for two converse investment opportunities. Under normal situations, commodity's syphonage capital flow can demonstrate a slow increasing situation in the long run. But the situation is usually affected by supply-and-demand situation in the middle and short run. Especially in the type of gurantee sum exchange, the supply-and-demand situation is a major factor affecting commodity price even in a price dominated market. The commodity's ultimate price will comparatively alter when the outer influence changes, and sometimes the price may change to a completely converse direction as expected. In case of the above case, we need to observe and research the influential factors. However the research is not like the Butterfly Theory research on slight variables. Syphonage theory deems that if continuous observance extends more than a certain percentage, such as 10% influential factor, and we continue researching, immediately putting 10% influential factors into research scale, we could finish the all-round research on commodity price analysis.

其中，图A和C表示的图形我们成为正向虹吸图形，B和D代表的图形成为反向虹吸理论图形，这种正向虹吸图形和反向虹吸图形分别可以简单代表两种相反的投机机会，在正常情况下，商品的这种虹吸资金流从远期看会表现出缓慢的上升走势，但在中短期，走势经常受到供求关系影响，特别在保证金交易的品种中，即使是价格操纵的市场中，供求关系也是影响商品价格的主要因素，这种以供求关系为主导的市场中，虹吸终值并不是一成不变的，在外在影响因素发生变化时，商品终值也会相应变化，有时甚至会改变到和预期截然相反的方向，这就需要我们经常对相关影响因素进行跟踪和研究，这种研究并不象蝴蝶理论分析的微小变动因素，虹吸理论认为只要连续跟踪超过一定权重，比如10％影响权重的因素，并持续研究，及时将超过10％影响因素事件纳入调查范围，既可完成对商品价格分析的全面性探索。

These include giving the Fed expanded powers to regulate market stability, combining the Office of Thrift Supervision and the Office of the Comptroller of the Currency to strengthen regulation by reducing duplication, centralising the scrutiny of mortgage origination, creating an optional federal insurance charter, beginning the process of integrating the Securities and Exchange Commission and Commodity Futures Trading Commission and continuing to improve arrangements for clearing and settling over-the-counter derivatives, including development of well regulated and prudently managed central clearing counterparties for OTC trades.

这些改革举措包括：扩大美联储的权力以监管市场稳定；合并美国储蓄管理局和美国货币监理署(Office of the Comptroller of the Currency)，通过减少重合来强化监管；集中对抵押贷款来源的审查；创建一个可选择的联邦保险宪章；启动整合证券交易委员会(Securities and Exchange Commission)和商品期货交易委员会(Commodity Futures Trading Commission)的程序；继续改进清算、结算场外衍生产品的安排，包括针对场外交易，发展得到充分监管和审慎管理的中央清算对手机构。

As she looked at Warrington's manly face, and dark, melancholy eyes, she had settled in her mind that he must have been the victim of an unhappy attachment.

每逢看到沃林顿那刚毅的脸，那乌黑、忧郁的眼睛，她便会相信，他一定作过不幸的爱情的受害者。

Maybe they'll disappear into a pothole.

也许他们将在壶穴里消失