The goal was to set up a clearinghouse as well as an electronic trading system that would display prices for credit default swaps.
其目的是建立一个清算所同时是一个电子交易系统,可以显示信贷违约互换产品的价格。
A line will probably be drawn between trading swaps for profit and doing so for risk-management purposes or on behalf of clients.
为了利益而进行的交易互换,和出于风险管理或维护客户利益的目的而进行的交易互换可能将被区别对待。
And the mayhem in the swaps market has shown the importance of on-exchange trading, so that trading remains orderly in times of stress.
掉期市场的一片混乱业已表明互换交易的重要,此交易在紧张时期依旧井然有序。
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