The reasons for choosing term structure theory as the method are like these. At one hand, it is the foundation of asset pricing, financial products design, hedging and risk management, arbitraging and investment.

Instead there should be a return to the days when smart traders earned their returns and reputations by arbitraging price discrepancies among hand-picked raw materials.

相反，聪明商人通过精选的原材料之间的价格差异套利，从而获得回报和名声的时代应该会回来。

This year a senior Shanghai official proposed a mechanism to allow investors in one market to buy shares in the other, as a way of arbitraging away the difference.

今年，上海市一位高级官员提议，创立一种机制，允许两个市场上的投资者购买对方的股票，以此消除A股和H股的价差。

For such firms, being able to trade on multiple platforms and arbitraging between price differentials on them is important to their trading strategies.

对这些公司来说，能够在多个平台开展交易，并利用其中的价差进行套利，对它们的交易战略十分重要。

The traditional method of bond pricing is analyzed and methods of hedging and arbitraging pricing are applied under the assumption that the market interest rate is stochastic.

在分析传统的收入资本化定价法的基础上，对市场利率的行为作了市场利率的波动服从一扩散过程（布朗运动）的随机性假设；

Including hedging, arbitraging and speculation.

包括套期保值、套利及投机。

Does CIETAC have advantages in arbitraging multinational financial dispute.

CIETAC在跨国金融纠纷仲裁解决中有哪些优势？

The spreading trade, including hedging and the arbitraging, is the important and safe operations in derivative security market.

对冲交易包括套期保值和跨期套利，是金融衍生商品交易市场中非常重要且较为安全的交易方式。

There are mainly three functions of IF: hedging, speculating and arbitraging.

股指期货主要有三个功能：套期保值，投机和套利。

The rise in the Euro-dollar exchange rate from, say, 1.10 in the spring of 2003 to 1.30 at the end of 2004 appears to have arbitraged away the presumed dollar trigger of the "next" crisis.

比方说，欧元对美元的汇率从2003年春的1.10上升到2004年末的1.30，这似乎是通过套利将美元引发“下一个”危机的假说消除了。

Unless that is solved, the world seems condemned to repeat the swings of recent years, as capital is arbitraged between countries where money is cheap to those where it is expensive.

如果这个问题得不到解决，全球似乎必将重复最近几年的波动，因为资金会在资金廉价的国家和资金昂贵的国家之间进行套利。

However, returns have fallen as more profit seekers have entered the sector, raising the possibility that excess returns are being arbitraged away.

然而，随着越来越多的利润寻求者进入市场，收益已经下降，增加了超额收益被套利交易掏空的可能性。

That means it is very difficult to see a situation of high oil prices and low coal prices, it is all arbitraged out.

这意味着，我们很难看到高油价、低煤价的局面&都通过套利活动消除了。

A second puzzle is why the effect has not been arbitraged away.

第二个谜团是，（财富）效应为什么不能产生持久的套利机会。

Newly created equity tends to be arbitraged across global businesses.

新创造的股本往往被用来在全球企业之间套利。

On another occasion I saw a group of disoriented, emaciated Amerindians, begging for food by the side of the road.

还有一次我看到了一群迷失了方向的印第安人，他们非常憔悴，站在路边乞讨食物。

Mr. Bowen is a pioneer in the US trade with China. a trail through the wilderness worn by Amerindians.

伯恩先生是一位美中贸易的开拓者。一种横穿荒野的由美洲人开拓的路。

1054-A supernova is observed by the Chinese and Amerindians near the star Tauri.

1054年的今天，一颗位于金牛座附近的超新星被中国及印第安人发现并记载。

A rain dance of Amerindians.

一种美国印第安人的祈雨舞蹈。

A painting done by Amerindians ( especially Navaho); made of fine colored sands on a neutral background.

印第安人（尤其是纳瓦霍人）作的画；在没有色彩的背景上用彩色沙子作成。

Early Amerindians related to the Pueblo Indians; known for skill in making baskets.

和普韦布洛印地安人有联系地早期美国印地安人；以编篮子的技术而闻名。