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)- A70% (19)
- B4% (1)
- C19% (5)
- D7% (2)
Community Discussion
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