Which of the Following Best Describes Central Clearing Parties

question 15

Multiple Choice

Which of the following best describes central clearing parties

• A)Help market participants to value derivative transactions
• B)Must be used for all OTC derivative transactions
• C)Are used for futures transactions
• D)Perform a similar function to exchange clearing houses

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Definitions:

Simone de Beauvoir

A 20th-century French philosopher and writer, known for her significant contributions to existentialism and feminism, notably through her work "The Second Sex".

Woman

An adult human female.

Invisible Hand

A metaphor introduced by Adam Smith to describe the self-regulating behavior of the marketplace.

Aristotle

An ancient Greek philosopher and polymath whose writings covered many subjects and laid the groundwork for much of Western philosophy and science.