It imposed ceilings on Banks' holdings of foreign-exchange derivatives, because the Banks tend to hedge those positions by borrowing too much from abroad.
即是强行对银行持有的外汇衍生品设定上限,因为银行倾向于通过从国外过度举债以对冲那些市场风险。
2
But because rate and foreign-exchange swaps make up the bulk of the market, American banks will have to move only 10% or less of their $218 trillion (notional) combined derivatives holdings.