Bitcoin does not have a central authority in charge of the money supply or a central clearing house.
比特币没有货币供应的中央权威支持或中央结算所。
In January a subsidiary of NASDAQ, an American stock exchange, launched a central clearing house for interest-rate swaps.
今年1月份，纳斯达克(NASDAQ)作为一家美国股票交易所，其下属某机构启动了一个利率互换集中清算中心。
There is broad agreement that “standardised” CDSs should go through a central clearing house, in order to reduce systemic risk when counterparties fail.
一个被广泛接受的共识是，“规范化”的信贷违约掉期应当通过中央结算系统降低风险转移失败所可能带来的系统风险。
Such netting is conducted through a central counterparty (such as a clearing house) that is legally substituted as the buyer to every seller and the seller to every buyer.
这种轧差通过一个中央订约方（如清算所）在法律上作为每一个卖方的买方，以及每一个买方的卖方而实现。
Such netting is conducted through a central counterparty (such as a clearing house) that is legally substituted as the buyer to every seller and the seller to every buyer.
这种轧差通过一个中央订约方（如清算所）在法律上作为每一个卖方的买方，以及每一个买方的卖方而实现。
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