More worrying than the small absolute size of Asia's bond markets is their lack of liquidity and price transparency.
2
但还有很多事情需要去做,比亚洲债券绝对规模小更需要担心的是其流动性和价格透明度的缺乏。
There is still much to be done, however. More worrying than the small absolute size of Asia's bond markets is their lack of liquidity and price transparency.
3
随着1990年代中期互联网的蓬勃发展,大家都认为它会提高价格透明度、减少中间商进而提高市场效率。
WHEN the Internet took off in the mid-1990s, it was often claimed that it would improve price transparency, cut out middlemen and make markets more efficient.