| 单词 | dual-capacity system |
| 释义 | dual-capacity system dual-capacity system A system of trading on a stock exchange in which the functions of stockjobber and stockbroker are carried out by separate firms. In a single-capacity system the two functions can be combined by firms known as market makers. Dual capacity existed on the London Stock Exchange prior to October 1986 (seeBig Bang), when a single-capacity system was introduced. |
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