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订约方

网络counterparty; counterpartisticy

订约方

订约方

订约方

counterparty

订约方(counterparty)：一笔金融交易，诸如证券交易或外汇掉期协议中的对应方。信用最高限额(credit caps)：见最高限额。

counterpartisticy

订约方(counterpartisticy)：一笔金融营业来往，诸如证券营业来往或外汇掉期协议中的对应方。

名誉最高限额(credit caps)： …

3

The multilateral net position represents the bilateral net position between each participant and the central counterparty .

每一个参与者与中央订约方之间的双边轧差形成了多边轧差余额。

4

liquidity risk : the risk that a counter party (or participant in a settlement system )will not settle an obligation for full value when due .

流动性风险：订约方（或结算系统的参与者）到期不能全部结算债务时所产生的风险。

5

As a result , counterparty risk is up , and the market is not functioning smoothly .

结果，订约方风险上升，市场运行不再平稳。

6

Counterparty The other party to an agreement .

订约方协议之另一方。

7

Traded and Derivative Products with Counterparty Exposure

带有订约方风险敞口的交易以及衍生产品

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