清算风险

由于CLS采用针对每个交易货币轧差清算进行实际支付的新方式，所以在一定程度上解决了现行清算方式本身所固有的清算风险问题。该文对王等方案进行了分析。

As a new method that makes actual payment against position-balanced clearing of each transaction currency , it has , to some extent , solved the problem of settlement risk inherent to the current clearing scheme .

分析人士预测，政府将对债权人施加压力以拯救与美光公司的这笔交易，或者另辟蹊径，寻找别的买主，因为大选年进行清算风险太大，后果难以预料。

Analysts predict that the government will put pressure on creditors to rescue a deal with Micron or seek a new buyer , as liquidation is too risky to contemplate in an election year .

人民银行DW中心支行支付清算操作风险管理研究

Operational Risk Management Research of Payment and Clearing in DW Central Branch Bank of People 's Bank of China

目前，我国支付清算系统风险管理现状还不尽如人意，在法律法规建设、运行管理和系统建设等三个方面还存在不少问题。

In china , there are many problems in the payment system risk management .

美联储、欧洲中央银行、花旗银行对支付清算系统风险管理进行了实践，他们的经验对我国具有较强的借鉴作用。

The Federal Reserve Bank , The European Central Bank and City Bank have practiced on the payment system risk management .

该文对于中国银行支付清算业务风险管理的改进具有一定借鉴价值。

In this paper , the Bank of China to pay for the liquidation of the business risk management to improve from a certain value .

正是信托投资机构的外部环境与内部管理两方面的原因，导致了信托机构经营中的巨大风险，广东国际信托投资公司的清算就是风险暴露的必然结果。

Poor outside environments and inside management led to great risk in their operation , of which the bankruptcy of Guangdong International Trust Corporation is an example .

第2章主要解释了风险投资退出和风险投资退出决策的概念，论述了风险投资退出的重要性，并对IPO、出售和清算三种风险投资退出方式的含义和特点进行了比较分析。

Chapter two mainly explains the definitions of venture capital exit and exit decision , and discusses the importance of venture capital exit , and compares the meanings and characteristics of three classic exit channels , that is , IPO , trade sales , liquidation or write-off .

我国支付清算系统的风险及其管理

Payment System Risks and Management in China

我国的公开上市、兼并与收购、回购、清算四大风险投资退出方式，都有多方面可完善之处，在此部分，本文一一提出了自己的建议。

There are many imperfections in our public listings , mergers and acquisitions , buy-back , clearing the four ways of venture capital . In this section , I give my own proposals one by one .

香港期货交易所清算系统是分级和分层次的，分层化的市场结构是保证期货市场正常运行的主要措施，按金和每日清算制度是风险处理制度的命脉。

The market structure of administrative levels is the main measure to assure the normal operation of index futures market ;