与此同时，分析家们称信用违约互换合同的数量仍有较大增幅。
Meanwhile, analysts report a sharp rise in the number of CDS contracts being written.
过去几年时间里，阿诺特一直利用股权互换合同悄悄增持爱马仕股份，此举导致金融市场监管局于上月对路易威登展开调查。
Mr. Arnault used equity swaps to stealthily build uphis initial stake in Hermès over the past several years, a move that caused theAMF to open an investigation last month into LVMH's move.
大量的信用违约互换合同——还有他们在机构之间直接交易，没有集中清算的事实——将许多大银行和经纪公司的命运纠缠在一起。
The sheer volume of CDS contracts outstanding — and the fact that they trade directly between institutions, without centralized clearing — intertwined the fates of many large Banks and brokerages.
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