to adapt to market development, the futures industry is required to introduce the clearing member system to spread the risks.
为了适应市场的发展,需要引进结算会员制来分散风险。
however, there are institutional constraints when the clearing member system is introduced in our country, since the transaction coding system directly limits the application of clearing membership.
但我国使用结算会员制却存在制度上的约束,交易编码制度直接限制了结算会员制的应用。
where the consignments of the clearing member or settlement bank handling clearing and settlement are changed;
二变更其委讬办理交割结算之结算会员及结算银行。
rating clearing member system is very popular in derivate markets.