Which of the Following Best Describes a Central Clearing Party

question 17

Multiple Choice

Which of the following best describes a central clearing party

• A) It is a trader that works for an exchange
• B) It stands between two parties in the over-the-counter market
• C) It is a trader that works for a bank
• D) It helps facilitate futures trades

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Definitions:

Tuberculosis

A contagious bacterial infection that primarily affects the lungs but can spread to other organs.

Botulism

A rare but serious illness caused by botulinum toxin, which can cause paralysis, breathing difficulties, and potentially death.

Whooping Cough

A highly contagious respiratory tract infection marked by severe hacking coughs followed by a high-pitched intake of breath that sounds like "whoop."

Culture

In the sociologic sense, a pattern of assumptions, beliefs, and practices that shape the way people think and act.