Question

请翻译高手翻译一段材料，谢绝机器翻译，谢谢！

b. Destabilising Short-Term Trading Strategies
The SEC is also considering the sources of the selling pressure that suddenly generated such enormous demand for liquidity to buy. It has not been concluded yet whether any proprietary firms used particular “directional” strategies triggered by signals in order to exploit the short term price movements. However, if they contributed significantly to the precipitous decline, the SEC will consider whether additional regulatory requirements are necessary to prevent such strategies from threatening the fairness and integrity of the markets.
c. Fair and Consistent Process and Policies for Correcting Erroneous Trades
Any process and policies for dealing with the correction of erroneous trades must be applied in a manner that is consistent and fair for investors – both in the context of a single event and across different events. Currently, the threshold level for correcting trades is set by the exchanges on a case-by-case basis. The particular level that is chosen may affect investors and other market participants in profound and varying ways. Obviously, the primary objective should be a market structure that minimizes to the greatest extent possible any need to correct erroneous trades. When necessary, however, the process and policies should be applied in a consistent manner under established rules that are fair to investors.

Answer 1

b。短期的交易策略不
证券交易委员会也在考虑销售的压力的来源,突然产生如此巨大的需求游资去买。它并没有任何专有是否订立独特的“公司曾经引发定向”策略来开发信号短期内的价格浮动。然而,如果他们大大促进了直线下降,美国证券交易委员会将考虑是否需要增加额外的监管要求,是为了防止这样的策略从威胁公平和正直的市场。
c。公平一致过程和政策为纠正错误的交易
任何过程和政策处理纠正错误的交易必须应用在相一致的方式对投资者和公平——这是一篇单独的事件和不同的事件。目前,纠正交易临界水平是由根据具体的交流。选择特定的水平可能影响投资者及其他市场参与者在方式。一致方式不同而深刻的既定规则下：公正的投资者。很明显,首先要达到的目标应该是一个市场结构,将尽最大可能任何需要纠正错误的交易。必要时,但是这个过程和政策应该运用在既定规则根据的情况:公正的投资者。
－－－－－－－－－－－－－－－－－－－－－－－－－－－－
希望能帮到你。。。。。。