Trading must also be placed in clearing houses or exchanges.

交易也必须在结算所或交易所进行.

There are, for instance, already plans for clearing houses for CDSs.

例如, 已经有计划为信用违约互换提供结算场所.

The proposal to route derivatives trading via clearing houses is sensible.

让衍生品交易通过结算所结算的提议是明智的.

The amount of counterparty risk in the system will be reduced greatly by central clearing-houses for credit-default swaps.

中央票据交易所监管CD之后12，也将大大减少该体系中的交易对手风险（counterparty risk）。

So between the local and Federal Reserve clearing houses, checks drawn on any bank in the country can be easily processed .

是以，在地方和联邦票据交换所之间，国内任何银行开出的支票都能很等闲地得处处置。