Such netting is conducted through a central counterparty (such as a clearing house) that is legally substituted as the buyer to every seller and the seller to every buyer.

　
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  • 這種軋差通過(guò)一個(gè)中央訂約方（如清算所）在法律上作為每一個(gè)賣(mài)方的買(mǎi)方，以及每一個(gè)買(mǎi)方的賣(mài)方而實(shí)現。
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