...实施头寸限制：第一，该合约以在美国指定合约市场交易（Designated Contract Market）或互换执行机构（Swap Execution Facility）上市的一个或多个合约的日结算价或最后交割结算价为交割结算价格。
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swap execution facility
交换执行工具
以上为机器翻译结果，长、整句建议使用 人工翻译 。
The SEC and CFTC have each proposed rules for a new type of trading venue known as a swap-execution facility that is designed to increase market transparency.
WSJ: Swaps Add Risk to Fund Portfolios
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