The CME has had some success with its centrally cleared markets for foreignexchange and swaps, for instance, though both ventures are at an early stage.
Kochhar adds that Asian countries also need to maintain their foreignexchange liquidity through currency swaps or assistance from organizations like the International Monetary Fund.
库哈表示,亚洲国家还需要通过货币互换或国际货币基金等组织的援助来维持其外汇流动性。
3
But because rate and foreign-exchangeswaps 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.