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ACI

3I0-013 · Question #164

As to deal confirmations, who is your counterparty on futures contracts?

The correct answer is B. The clearing house of the futures exchange. See the full explanation below for the reasoning.

Question

As to deal confirmations, who is your counterparty on futures contracts?

Options

  • AThe futures exchange itself
  • BThe clearing house of the futures exchange
  • CYour broker
  • DThe ISDA

How the community answered

(30 responses)
  • A
    3% (1)
  • B
    73% (22)
  • C
    7% (2)
  • D
    17% (5)

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Full 3I0-013 Practice