Because of the differences in securities settlement,there are many risks in transnational markets of securities settlement,common systemsof transnational securities settlement should be established,Euroclear and Cedel are such two sucessful systems .

• 因为结算支付制度的诸多差异，国际证券结算市场存在很大风险，交收责任可能无法正常履行，为此需要建立统一的跨国证券结算组织。