北宋初期，失去货币资格的绢帛与白银一道，常常被用于与其它商品互换。
At the beginning of the North Song Dynasty, together with silver, the silk that had lost the function of currency was used to exchange for other commodities.
商品互换交易作为新兴的风险管理工具在能源类商品领域正在获得广泛的应用。
As a relatively new derivative financial tool, swap has been widely used in the risk management for several kinds of commodities in the energy field.
在考虑商品的便利收益情况下，探讨了商品互换及其期权的定价。对价格是随机的情形建立了单因素模型；
This paper explores the pricing of commodity swaps and options on commodity swaps in the presence of convenience yields.
它还是把每个雇员都看作是可互换的商品，而不是能够充分发挥作用的独特的个人。
It still treats each employee as an interchangeable commodity rather than as a unique individual with skills that can be optimized.
国际间的贸品，常常是文化交流的开端，精美的商品的互换，促进了两国人民相互的爱慕与了解。
International cultural exchange usually begins with international trade. The exchange of top-quality commodities promotes mutual love and understanding between nations.
例如，有自己的清算所的芝加哥商品交易在外汇、互换的集中清算市场上就取得了一定成功，尽管两方面的业务都还在初级阶段。
The CME has had some success with its centrally cleared markets for foreign exchange and swaps, for instance, though both ventures are at an early stage.
例如，有自己的清算所的芝加哥商品交易在外汇、互换的集中清算市场上就取得了一定成功，尽管两方面的业务都还在初级阶段。
The CME has had some success with its centrally cleared markets for foreign exchange and swaps, for instance, though both ventures are at an early stage.
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