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ACI

3I0-012 · Question #111

A futures clearing house is:

The correct answer is A. The buyer to each seller and the seller to each buyer. See the full explanation below for the reasoning.

Question

A futures clearing house is:

Options

  • AThe buyer to each seller and the seller to each buyer
  • BA clearing agent only
  • CThe self-regulatory organization for the futures exchange
  • DThe owner of the futures exchange

How the community answered

(27 responses)
  • A
    70% (19)
  • B
    4% (1)
  • C
    19% (5)
  • D
    7% (2)

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