证券交易

An account with a securities brokerage whose transactions are settled on a cash basis .

有证券经纪人的账户他们的交易用现金完成。

The rules of the Exchange and the Clearing House, in

按照客户指示完成的交易而言，对元富证券及客户均具约

Are you or any person having any interest in this Account, a member of any commodity exchange

您或其它对该账户有任何利益的人，是否为任何商品交易所的会员，或与任何其它证券、外汇或商品交易经纪公司有关联？

Where the specialized committee is established by the board of directors of the securities company concerning associated transactions and remuneration of superior management personnel, the independent director shall be the convener.

证券公司董事会就关联交易或高级管理人员的薪酬事宜设立专门委员会的，应当由独立董事作为召集人。

Out of intention or culpability, the conduct of destroying the securities market order impairs others interests.

证券欺诈行为主体基于主观上的故意或过失对正常的市场交易秩序的破坏行为，造成权利主体的财产利益的损害。

The meaning of securities market is very extensive, major is the place of emition and exchange in stock, debenture and fund unit.

证券市场的含义相当广泛，主要是指进行股票、债券、基金单位等有价证券及其衍生产品发行和交易的场所或结合点。

In order to regulate the issuance and transaction of securities, protect the lawful rights and interests of investors as well as safeguard the economic order and public interests of the society, Chinese Securities Law sets strict qualifications for debenture issuing companies.

为了规范证券发行和交易行为，保护投资者的合法权益，维护社会经济秩序和社会公共利益，中国证券法对发行债券的公司设定了严格的法定资格限制。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymmetry between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymme try between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises' policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

The Dow-Jones Industrial Average was down by 3.4 percent at the close of trading.

纽约证券交易所的股票价格跌至12年来的最低点，道琼斯工业平均指数在交易结束时跌了3.4%。

Do you know, i need you to come back

你知道吗，我需要你回来

Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.

1〕 杨银书，王祥生，李德昌。安徽省首次发现嗜群血蜱。