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1·The influence of the application of securities online trading on the traditional stock swap is long and is a big challenge to the securities managers' business.

网上证券交易的应用对传统证券交易的影响是深远的，对券商的经营是个极大挑战。

2·So if there is a default, the issuer of the credit default swap pays you, and so you gain just as the short seller gains when the price of the stock or bond that he's shorted falls.

从而一旦出现债务违约，信贷违约掉期的发行人将赔偿你，于是你就可以从中获利，正如空头在他看空的股票或债券价格下跌时获利一样。

3·Since Lehman collapsed, appetite for risk, seen in stock rallies, has been linked with dollar weakness as investors swap their safe US holdings for something more exotic.

自雷曼兄弟(Lehman)破产以来，股市反弹所体现出的市场风险偏好，一直与美元的疲软联系在一起，因为投资者放弃了安全的美元资产，转而持有风险更大的股票资产。

4·This article discusses two methods of confirming stock-swap ratio in stock-swap deal.

探讨股票并购交易中确定换股比率的两种主要方法。

5·The paper based on the idea of K-OPT Algorithm for TSP, present a swap algorithm for the one-dimensional cutting-stock problem.

根据旅行商问题（TSP）的邻域搜索算法的思想，提出了型材下料问题的一种优化算法。