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。

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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。

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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。

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At this point, Amazon is essentially a central clearing house for the myriad wine retailers out there.

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It is creating a central clearing house for foreign investors to directly access the Russian securities market without having to have a local broker.

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Geithner noted that derivatives trading firms were meeting to work out comprehensive infrastructure reforms for that market, including a central clearing house, reducing outstanding contracts, and regulatory changes including higher margin and collateral requirements.

FORBES: Magazine Article