期货交易所的调整和联合，是我国金融体制改革的重要组成部分，亦是期货市场健康发展的必由之路。由于交易所的结算业务涉及到市场的资金管理和风险控制，因此，结算体系的优选和确立，理应成为交易所联合过程中各项工作的重中之重。笔者试就国内外交易所结算体制的比较、... The adjustment and unification of the futures exchanges are an important part of China’s financial system reform and the only way for the healthy development of the futures market. As the settlement business of the exchange involves the market capitalization and risk control, the selection and establishment of the settlement system should become the most important task in the joint exchange. I try the exchange settlement system at home and abroad comparison, ...