Examlex
Jerry is a grade 1 student who struggles with addition and subtraction. His math tutor has taught him a popular method to assist Jerry with his challenges. What is this simple method of solving addition problems that will benefit Jerry?
Option Clearing Corporation
The organization responsible for ensuring the proper settlement of options contracts and mitigating counterparty risk in the options market.
Post Margin
The amount of collateral a participant must deposit with a clearinghouse to cover potential future losses on positions.
Purchased
The act of acquiring ownership of an asset in exchange for payment.
Digital Option
A type of option that pays either a fixed amount of cash or nothing at all, depending on whether a certain condition is met at expiration.
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