billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: The Group has policies in place to ensure that cash and balances with banks are either placed with high credit quality financial institutions or related companies (note 29) with minimum credit risk.

assistant: 本集團已制定政策，確保於現金及銀行結餘均存放於信譽良好的財務機構或信用風險極低的關連公司（附註29）。
user: Please translate the following sentence from English to Chinese: − the probable range of Residual Value (if any) upon the occurrence of a Mandatory Call Event;

assistant: - 發生強制收回事件時的剩餘價值（如有）的可能範圍；
user: Please translate the following sentence from English to Chinese: Banking businesses have small limits to accumulate small levels of interest rate risk.

assistant: 銀行業務設有較低的利率風險上限。
user: Please translate the following sentence from English to Chinese: This represented the final formal step in the comprehensive resolution of the US cross-border matter

assistant: 此爲美國跨境事宜正式及全面解決的最終步驟。
user: Please translate the following sentence from English to Chinese: On June 20, 2013, the shareholder made a books and records demand requesting materials relating to the Board’s determination.

assistant: 於二零一三年六月二十日，股東要求出具有關董事會決定的賬冊及記錄。
user: Please translate the following sentence from English to Chinese: Year ended December 31, 2011 (in millions) Assets: Trading assets:

assistant: 截至2011年12月31日止年度（以百萬美元計）資產： 交易資產：
user: Please translate the following sentence from English to Chinese: Tax-Related Products.

assistant: 與稅務有關產品。
user: Please translate the following sentence from English to Chinese: The accompanying notes are an integral part of these financial statements.

assistant: 相關附註乃此等財務報告的組成部分。
user: Please translate the following sentence from English to Chinese: 25 April 2018 Hong Kong Exchanges and Clearing Limited (“HKEX”), The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

assistant: 2018 年 4 月 25 日 香港交易及結算所有限公司（「香港交易所」）、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司對本文件的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本文件全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。
user: Please translate the following sentence from English to Chinese: Even products totally unrelated to US subprime mortgages were affected. Many markets that, until recently, were liquid saw their liquidity vanish.

assistant: 即使與美國次級按揭完全無關之產品亦受到影響。 很多原本流動性高之市場亦缺乏流動性。
user: Please translate the following sentence from English to Chinese: The following tables summarize the key characteristics of the Company’s credit derivative portfolio as protection seller as of December 31, 2010 and December 31, 2009.

assistant: 下表摘述本公司於二零一零年十二月三十一日及二零零九年十二月三十一日作爲保障出售者的信用衍生工具組合的關鍵特性。
user: Please translate the following sentence from English to Chinese: You should read and understand the remaining sections of this document, together with the other Listing Documents, before deciding whether to invest. Overview of the Warrants

assistant: 閣下在決定是否投資前，應閱讀並瞭解本文件的餘下章節，以及其他上市文件。 認股權證概覽
user: Please translate the following sentence from English to Chinese: In respect of Category R CBBCs, before the occurrence of the Mandatory Call Event, we, the Guarantor or any of our related party may unwind our hedging transactions relating to the CBBCs in proportion to the amount of the CBBCs they repurchase from the market from time to time.

assistant: 就R 類牛熊證而言，於發生強制性贖回事件前，本公司、擔保人及或其關連人士可就其不時於市場上回購之牛熊證數目，按照應占牛熊證之金額，將有關牛熊證之本公司對沖交易平倉。
user: Please translate the following sentence from English to Chinese: Total (Tier 1 and 2) ratio

assistant: 總比率（第一級及第二級）
user: Please translate the following sentence from English to Chinese: The Company performed its annual goodwill impairment test as of July 1, 2012 resulting in no impairment for any of the reporting units.

assistant: 本公司於二零一二年七月一日進行年度商譽減值測試，結果顯示任何分部單位均無減值。
user: Please translate the following sentence from English to Chinese: (d) At September 30, 2010, and December 31, 2009, includes unissued standby letters of credit commitments of $40.6 billion and $38.2 billion, respectively.

assistant: (d) 包括於2010年9月30日及2009年12月31日未發行之分別爲406億元及382億元的備用信用證承擔。
user: Please translate the following sentence from English to Chinese: Unlike stocks, the CBBCs have a limited life and will be early terminated upon the occurrence of a Mandatory Call Event or expire on the Expiry Date.

assistant: 有別於股票，牛熊證的年期有限，並將於發生強制贖回事件時提早終止或於到期日到期。
user: Please translate the following sentence from English to Chinese: The Warrants may be exercised by delivery of an Exercise Notice (as defined below), in accordance with Condition 4(A) at any time during the period (the Exercise Period) beginning at 10:00 a.m. (Hong Kong time) on the Dealing Commencement Date (or, if later, the first day of dealings in the Warrants on the Stock Exchange) and ending at 10:00 a.m. (Hong Kong time) on the Expiry Date.

assistant: 從交易開始日（或權證在聯交所上市交易的第一日，若該日在後）上午十時正 （香港時間）起至到期日上午十時正（香港時間）止的期間（「行使期」），可隨時根據細則 4(A) 提交行使通知（定義見下文）後行使權證。
user: Please translate the following sentence from English to Chinese: The adjustment to the Exercise Price shall take effect on the Rights Issue Adjustment Date.

assistant: 行使價之調整將於供股發行調整日期生效。
user: Please translate the following sentence from English to Chinese: Loans Held-for-sale The fair values of LHFS are based on quoted market prices, where available, or are determined by discounting estimated cash flows using interest rates approximating the Corporation’s current origination rates for similar loans adjusted to reflect the inherent credit risk.

assistant: 持作出售貸款 持作出售貸款的公平值根據市場報價（如有）計算或採用與本公司類似貸款的當時發放利率相若的利率透過折現估計現金流釐定，並可作出調整以反映固有信貸風險。
user: Please translate the following sentence from English to Chinese: In our opinion, the consolidated financial statements give a true and fair view of the assets and liabilities and of the financial position of the group as at December 31, 2013 and of the results of its operations for the year then ended in accordance with International Financial Reporting Standards as adopted by the European Union.

assistant: 依照我們之意見，綜合財務報表已根據歐盟採納之國際財務報告準則，真實及公平地反映集團於二零一三年十二月三十一日之資產及負債及財政狀況，以及截至該日止年度之經營業績。
user: Please translate the following sentence from English to Chinese: See Note 3 for the firm’s consolidation policies, including the definition of a VIE.

assistant: 有關公司的綜合計算政策，包括可變權益實體的定義，請參閱附註3。
user: Please translate the following sentence from English to Chinese: Exposure to nonconsolidated credit-linked note VIEs at September 30, 2010, and December 31, 2009, was as follows.

assistant: 可變動權益實體於2010年9月30日及2009年12月31日所面對的非綜合信貸關聯票據風險分別如下。
user: Please translate the following sentence from English to Chinese: 2. Total interest expense in foreign offices ...\n

assistant: 2. 外國辦事處的利息開支總額 ...\n
user: Please translate the following sentence from English to Chinese: The uncertainty and change of the laws and regulations in Mainland China may adversely impact on the performance of the relevant trust and the trading price of the relevant units;

assistant: 中國內地的法律及法規的不確定性及改變，可能會對基金的表現及單位的買賣價造成不利影響；
user: Please translate the following sentence from English to Chinese: Businesses that raise funding are compensated at a level that is appropriate for the liquidity benefit provided by the funding.

assistant: 集資的業務獲補償的水平，爲就有關融資所帶來的流動資金利益所合適的水平。
user: Please translate the following sentence from English to Chinese: Recent actions by regulators and government agencies indicate that they may, on an industry basis, increasingly pursue claims under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) and the False Claims Act (FCA).

assistant: 監管機構及政府機構近期的行動顯示，彼等可能會對整個行業日益增加根據一九八九年金融機構改革、重建與執行法案 (FIRREA) 及虛假聲稱法案尋求索償。
user: Please translate the following sentence from English to Chinese: and (b) in the case of a Consolidation, the Entitlement in effect immediately prior thereto will be decreased whereas the Exercise Price (which shall be rounded to the nearest 0.001) will be increased in the same ratio as the Consolidation, in each case on the day on which the Subdivision or Consolidation (as the case may be) shall have taken effect.

assistant: 而 (b) 在合併的情況下，之前有效的權利將會按合併的相同比率減少，而行使價（約整至最接近的0.001）則按合併的相同比率調高， 兩者均在拆細或合併（視乎情況而定）當日生效。
user: Please translate the following sentence from English to Chinese: For cash flow hedges, Merrill Lynch assesses effectiveness on a prospective basis by comparing the present value of the projected cash flows on the variable leg of the hedge instrument against the present value of the projected cash flows of the hedged item (the “change in variable cash flows” method) under various interest rate, prepayment and credit shock scenarios.

assistant: 就現金流量對沖而言，Merrill Lynch 按預期基準，透過在不同利率、還款及信貸波動情況下，將對沖工具可變部份的預測現金流量現值與已對沖項目的預測現金流量現值比較（「可變現金流量變動」方法）評估對沖的有效性。
user: Please translate the following sentence from English to Chinese: 28 December 2018

assistant: 2018 年 12 月 28 日
user: Please translate the following sentence from English to Chinese: No remedy against Barclays Bank PLC shall be available to the holder of any £1 Preference Shares for the recovery of amounts owing in respect of £1 Preference Shares other than the institution of proceedings for the winding-up of Barclays Bank PLC and/or proving in such winding-up.

assistant: 除提出將Barclays Bank PLC清盤之訴訟及╱或證明有上述清盤外，就追討有關1英鎊優先股欠付之款項而言，任何1英鎊優先股之持有人不得向Barclays Bank PLC提出其他賠償要求。
user: Please translate the following sentence from English to Chinese: No allowance has been made in the valuations for any charges, mortgages or amounts owing on the properties nor any expenses or taxation which may be incurred in effecting a sale.

assistant: 估值並未計算任何抵押、按揭、欠款、及在出售時可能產生的任何費用或稅項。
user: Please translate the following sentence from English to Chinese: Determining fair value Where the classification of a financial instrument requires it to be stated at fair value, fair value is determined by reference to a quoted market price for that instrument or by using a valuation model. Where the fair value is calculated using financial markets pricing models, the methodology is to calculate the expected cash flows under the terms of each specific contract and then discount these values back to a present value.

assistant: 確定公平價值對某項金融工具進行分類時，如要求以公平價值標示該工具，乃參考該工具所報市場價格釐定，或通過採用估值模式釐定，該方式之目的是依據各指定合約之條款計算預計現金流量，繼而將該等價值貼現至現值。
user: Please translate the following sentence from English to Chinese: (c) a limitation or closure of the Index Exchange due to any unforeseen circumstances;

assistant: (c) 指數交易所因任何不可預見的情況而限制交易或停市；
user: Please translate the following sentence from English to Chinese: Please refer to Product Conditions 5 and 7 for details about our early termination rights. Time lag between exercise and settlement of the Warrants There is a time lag between exercise of the Warrants and payment of the Cash Settlement Amount net of Exercise Expenses (if any).

assistant: 有關我們提早終止的權利的詳情，請參閱產品細則5及7。 權證的行使與結算之間存在時差 權證的行使與支付現金結算額（經扣除行使費用（如有））之間存在時差。
user: Please translate the following sentence from English to Chinese: The net amount at risk, representing guaranteed minimum death and income benefits in excess of contract holder account balances, was $1.35 billion and $1.51 billion as of June 2012 and December 2011, respectively.

assistant: 淨風險金額（指有擔保最低身故及所得利益超過合約持有人賬戶結餘的金額）於二零一二年六月及二零一一年十二月分別爲13.5億元及 15.1億元。
user: Please translate the following sentence from English to Chinese: Each of the business divisions and the Corporate Center are described below.

assistant: 各業務組別和公司中心分別在下文中說明。
user: Please translate the following sentence from English to Chinese: l. Other noninterest income ( * ) ...\n

assistant: l. 其他非利息收入 ( * ) ...\n
user: Please translate the following sentence from English to Chinese: 28. Segment Reporting (Continued)

assistant: 28. 分部報告（續）
user: Please translate the following sentence from English to Chinese: International sanctions

assistant: 國際制裁
user: Please translate the following sentence from English to Chinese: 4,000,000 Shares 400,000 Shares

assistant: 4,000,000 股股份 400,000 股股份
user: Please translate the following sentence from English to Chinese: We, the Guarantor and our respective affiliates shall not have any responsibility towards you for any losses suffered as a result of the Trading Suspension and/or the Non-Recognition of Post MCE Trades in connection with the occurrence of the Mandatory Call Event or the resumption of trading of the CBBCs or reinstatement of any Post MCE Trades cancelled in connection with the reversal of any Mandatory Call Event notwithstanding that such Trading Suspension and/or such Non-Recognition of Post MCE Trades occurs as a result of an error in the observation of the event.

assistant: 本公司、擔保人及其各自聯屬公司毋須對閣下因暫停交易及／或發生強制性贖回事件而出現發生強制性贖回事件後之不獲承認交易或就任何強制性贖回事件逆轉而恢復牛熊證交易或發生強制性贖回事件後之不獲承認交易復效所導致蒙受之任何損失負上任何責任，即使該暫停交易及／或發生強制性贖回事件後之不獲承認交易可能因觀察有關事件時存在錯誤而發生。
user: Please translate the following sentence from English to Chinese: Checklist Changes in the market value of the CBBCs may not correspond 20(9) with the movements in the price of the Fund, especially when the theoretical value of the CBBCs is at HK$0.01 or below.

assistant: 基金的價格變動未必導致牛熊證的市值出現相應變動，尤其當牛熊證的理論價值等於或低於 0.01 港元時。
user: Please translate the following sentence from English to Chinese: Regular valuation of collateral is required in accordance with the Group’s risk mitigation policy, which prescribes both the process of valuation and the frequency of valuation for different collateral types.

assistant: 抵押品須定期根據本集團的減低風險政策予以估值。 該政策規定了估值程序及評估不同抵押品類別價值的頻度。
user: Please translate the following sentence from English to Chinese: Investment securities increased by $14.6 billion due to increased holdings benefitting from the higher government yields in the UK and the treasury and liquidity management activities.

assistant: 投資證券增加 146 億元，乃由於本集團受惠於英國政府收益率上升以及財資及流動資金管理活動而增持投資證券所致。
user: Please translate the following sentence from English to Chinese: Any value realised from such awards will be shown in the single figure table disclosure for the year in which they vest.

assistant: 由該等獎勵變現的任何價值均將於歸屬年份的個人數據表披露。
user: Please translate the following sentence from English to Chinese: Effective in the first quarter of 2011, management responsibility for the merchant processing joint venture, Banc of America Merchant Services, LLC, was moved from GBAM to Global Commercial Banking where it more closely aligns with the business model.

assistant: 由二零一一年第一季起，商戶處理合營企業 Banc of America Merchant Services, LLC 的管理責任由全球銀行及市場移至全球商業銀行，令該企業更配合其業務模式。
user: Please translate the following sentence from English to Chinese: Article 176 Each specialized committee may engage intermediaries to provide professional advice at the expense of the Company.

assistant: 第一百七十六條各專門委員會可以聘請中介機構提供專業意見，有關費用由公司承擔。
user: Please translate the following sentence from English to Chinese: The average interest margin was 3.29% in 2011, virtually unchanged from its 2010 level.

assistant: 二零一一年平均息差 3.29%，與二零一零年大致持平。
user: Please translate the following sentence from English to Chinese: For the avoidance of doubt, in the event that a Valuation Date is postponed due to the occurrence of a Market Disruption Event, the closing price of the Units for such postponed Valuation Date will be the closing price of the Units on the first succeeding Business Day.

assistant: 爲清楚起見，倘因發生市場中斷事件而推遲估值日，將以緊隨經推遲之估值日後首個營業日單位之收市價，作爲經推遲估值日單位之收市價。
user: Please translate the following sentence from English to Chinese: The liquidity provider will provide you with prices for the warrants in the secondary market during the life of the warrants.

assistant: 流通量提供者將於權證的有效期限內於第二市場向閣下提供權證的價格。
user: Please translate the following sentence from English to Chinese: (2) Includes items measured at fair value on a nonrecurring basis.

assistant: (2) 包括按非持續基準按公允價值計量的項目。
user: Please translate the following sentence from English to Chinese: Prudential scope of consolidation

assistant: 謹慎綜合範圍
user: Please translate the following sentence from English to Chinese: The Global Certificate in respect of the Warrants will be issued in the name of HKSCC Nominees Limited, or such person, firm or company for the time being appointed by HKSCC as a nominee, and deposited directly into CCASS.

assistant: 有關認股權證之總額證書將以香港中央結算（代理人）有限公司，或由香港結算當時委任爲代名人之有關人士、商號或公司之名義發行，並直接存入中央結算系統。
user: Please translate the following sentence from English to Chinese: The official closing price of one Share (as derived from the daily quotation sheet of the Stock Exchange, subject to any adjustments to such closing price as may be necessary to reflect any event as contemplated in Product Condition 3 such as capitalisation, rights issue, distribution or the like) as of the Valuation Date.

assistant: 收市價（適用於一股股份於估值日的正式收市價（來自聯交所每日報價表）（或會因應產品細則第3條所列的任何資本化發各系列牛熊證）行、供股發行、分派或類似事項而對該收市價作出必要的調整）。
user: Please translate the following sentence from English to Chinese: In general, the third-party investors in the obligations of consolidated VIEs have legal recourse only to the assets of the VIEs and do not have such recourse to the Company, except where the Company has provided a guarantee to the investors or is the counterparty to certain derivative transactions involving the VIE.

assistant: 總體而言，第三方投資者在綜合可變權益實體的責任僅對可變權益實體的資產擁有法律追索權，而對本公司並無任何追索權，惟本公司對投資者提供擔保或爲可變權益實體參與的若干衍生交易的對手方除外。
user: Please translate the following sentence from English to Chinese: If and whenever the Company shall make a Cash Distribution credited as fully paid to the holders of Shares generally, the Entitlement shall be adjusted to take effect on the Business Day on which trading in the Shares becomes ex-entitlement in respect of the relevant Cash Distribution in accordance with the following formula:

assistant: 凡該公司於任何時候向全體股份持有人派付列賬爲繳足的現金分派，則權益將按照以下公式於股份就有關現金分派以除權方式買賣的營業日調整及生效：
user: Please translate the following sentence from English to Chinese: The fair value of equity instruments received is based on market prices of the parent’s shares, if available, at the date of grant.

assistant: 所接獲股票工具的公允價值乃按接獲日期母公司股份的市價（倘得到）訂立。
user: Please translate the following sentence from English to Chinese: If this document is inconsistent with our Base Listing Document, this document shall prevail. 12

assistant: 本文件與我們的基礎上市文件如有任何歧義，概以本文件爲準。
user: Please translate the following sentence from English to Chinese: In our opinion, the information set forth in the accompanying condensed consolidated statement of financial condition as of December 31, 2014, and the condensed consolidated statement of changes in shareholders’ equity for the year ended December 31, 2014, is fairly stated in all material respects in relation to the consolidated financial statements from which it has been derived. /s/ PRICEWATERHOUSECOOPERS LLP New York, New York May 4, 2015

assistant: 本所認爲，載於隨附於二零一四年十二月三十一日的綜合財務狀況簡明報表及截至二零一四年十二月三十一日止年度的綜合股東權益變動簡明報表中的資料，在各重大方面公平反映其所摘錄自的綜合財務報表。 /s/ PRICEWATERHOUSECOOPERS LLP 紐約，紐約市二零一五年五月四日
user: Please translate the following sentence from English to Chinese: Investors are warned that the price of the structured products may fall in value as rapidly as it may rise and holders may sustain a total loss of their investment. Prospective purchasers should therefore ensure that they understand the nature of the structured products and carefully study the risk factors set out in the base listing document and the relevant launch announcement and supplemental listing document and, where necessary, seek professional advice, before they invest in the structured products.

assistant: 投資者需注意，結構性產品的價值可急升亦可急跌，持有人的投資可能會蒙受全盤損失。 有意購買人因此在投資於結構性產品前，應確保本身瞭解結構性產品的性質，仔細研究基本上市文件及有關發行公佈及補充上市文件所載的風險因素，並（如有需要）尋求專業意見。
user: Please translate the following sentence from English to Chinese: The effective rate has been adversely impacted by the effect of the fall in the Barclays share price on the deferred tax asset recognised on share awards.

assistant: Barclays股價下跌對股份獎賞所確認之遞延稅項資產造成之影響，亦對實際稅率產生負面影響。
user: Please translate the following sentence from English to Chinese: See Note 12 to the Consolidated Financial Statements for further discussions on estimates used in the determination of fair value.

assistant: 有關釐定公允價值時使用估計的進一步討論，參閱綜合財務報表附註 12。
user: Please translate the following sentence from English to Chinese: Renegotiated loans and receivables are derecognised at the renegotiation date and replaced with the new loans, taken out under renegotiated conditions, which are recorded on the balance sheet at the same date.

assistant: 重新磋商的貸款及應收賬款於重新磋商日期取消確認，並以按重新磋商的條件授出的新貸款替換，於同日於資產負債表入賬。
user: Please translate the following sentence from English to Chinese:  Minimum quantity for which liquidity will be provided: 20 Board Lots

assistant: 提供流通量的最少認股權證數量： 20 手買賣單位
user: Please translate the following sentence from English to Chinese: (b) on the Valuation Date, the Index Compiler or (if applicable) the Successor Index Compiler fails to calculate and publish the Index (other than as a result of a Market Disruption Event), then the Issuer shall determine the Closing Level using, in lieu of the published level for the Index, the level for the Index as at the Valuation Date as determined by the Issuer in accordance with the formula for and method of calculating the Index last in effect prior to that change or failure, but using only those securities, contracts or commodities that comprised the Index immediately prior to that change or failure (other than those securities that have since ceased to be listed on the relevant exchange).

assistant: (b) 指數編制人或（如適用）繼任指數編制人於估值日並無計算及公佈指數（因市場干擾事件導致者除外）， 則發行人不會採用指數的公佈水平，而僅採用緊接改變或並無公佈前指數的成分證券、合約或商品（其後不再於相關交易所上市的證券除外），以根據有關改變或並無公佈前最後有效的指數算式及計算方法，釐定指數在該估值日的收市水平。
user: Please translate the following sentence from English to Chinese: Own credit spread is an observable input.

assistant: 本身的信貸息差爲可觀察輸入數據。
user: Please translate the following sentence from English to Chinese: trustee of the China Medical Board;

assistant: 美國中華醫學基金會受託人；
user: Please translate the following sentence from English to Chinese: (6) Includes consumer finance loans of $1.2 billion in the first quarter of 2014, and $1.2 billion, $1.3 billion, $1.3 billion and $1.4 billion in the fourth, third, second and first quarters of 2013, respectively;

assistant: (6) 包括二零一四年第一季的消費融資貸款爲 12 億美元，以及於二零一三年第四季、第三季、第二季及第一季分別爲 12 億美元、13 億美元、13 億美元及 14 億美元；
user: Please translate the following sentence from English to Chinese: During the first nine months of 2016, total assets under supervision increased $95 billion to $1.35 trillion. Long-term assets under supervision increased $74 billion, due to net inflows of $25 billion and net market appreciation of $49 billion, both primarily in fixed income assets.

assistant: 於二零一六年首九個月，受監管的資產總值增加950億元至1.35 萬億元。 受監管的長期資產增加740億元，此乃由於淨流入250億元以及淨市場升值490億元（兩者均主要爲固定收入資產）。
user: Please translate the following sentence from English to Chinese: and $3.7 billion and $262 million of cash amounts on deposit and escrow accounts, all respectively.

assistant: 以及37億元及2.62億元的現金存款及託管賬戶。
user: Please translate the following sentence from English to Chinese: (b) Over one year through three years ...\n

assistant: (b) 一年以上但不超過三年 ...\n
user: Please translate the following sentence from English to Chinese: The results in Securities Services reflected continued strength in our prime brokerage business.

assistant: 證券服務業績反映公司的大宗經紀業務持續增長。
user: Please translate the following sentence from English to Chinese: “Market Disruption Event” means:

assistant: 「市場干擾事件」指：
user: Please translate the following sentence from English to Chinese: Receivables from brokers, dealers and clearing organizations .

assistant: 應收經紀、證券商及結算機構的賬款 .
user: Please translate the following sentence from English to Chinese: The outstanding balance of HELOCs that have entered the amortization period was $2.6 billion, or three percent of total HELOCs at December 31, 2013.

assistant: 於二零一三年十二月三十一日，已進入攤銷期的 HELOC 的未償還結餘爲 26 億美元，或佔 HELOC 總額的 3%。
user: Please translate the following sentence from English to Chinese: Pre-tax earnings were $300 million in the third quarter of 2015, 16% lower than the third quarter of 2014.

assistant: 稅前盈利於二零一五年第三季爲3.00億元，較二零一四年第三季下降16%。
user: Please translate the following sentence from English to Chinese: (C) Subdivisions and Consolidations.

assistant: (C) 拆細及合併。