Equally problematic is the fact that, while the clearinghouse and its participants can net wins and losses to reduce risk for those inside the clearinghouse, the clearinghouse does not assuredly eliminate the basic risk facing the entire financial system. Often, it merely transfers that risk to creditors outside the clearinghouse.
同样存在问题的是这样一个事实：清算所及其会员单位可以计算净盈利和损失，从而减少纳入清算所的交易方的风险，但清算所并不能保证消除整个金融体系所面临的基本风险。通常，这一风险只是被传递给了清算所之外的债权人。