i am not english native speaker, i am italian.
I couldn't find a definition online.
What does "the market face" mean in this passage?
A very significant role of the clearing house is managing the risk created by the transactions on the exchange. From setting the criteria for membership of the clearing house to establishing default rules, using margin systems and requiring daily settlement of resulting obligations of all members, the clearing house controls the risk that the exchange, the members and the users of the market face.