A Futures Clearing House Is

question 37

Multiple Choice

A futures clearing house is:

• A) The buyer to each seller and the seller to each bu
• B) A clearing agent only
• C) The self-regulatory organisation for the futures e
• D) The owner of the futures exchange

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Definitions:

Units

A standard measurement for quantity used to quantify material amount or the extent of something.

Good

A physical item that is produced and can be sold or traded to satisfy people's wants or needs.

Service

An intangible activity or benefit provided to satisfy the needs of a consumer or business.

Essential Goods

Items considered necessary for basic human survival and well-being, such as food, water, and shelter.