insurance fund

The exchange's insurance fund covers losses when a liquidated position's collateral is insufficient.当被清算仓位的抵押品不足时，交易所的保险基金将承担损失。

A well-funded insurance fund gives traders confidence that counterparty risk is managed responsibly.资金充足的保险基金让交易员相信对手方风险得到了负责任的管理。