Which of the Following Options Exchanges Does the Options Clearing

question 40

Multiple Choice

Which of the following options exchanges does the Options Clearing Corporation act as the clearing agency for?

• A) Canadian Derivatives Clearing Corporation
• B) Chicago Board Options Exchange
• C) New York Options Exchange
• D) Boston Options Exchange
• E) Montreal Exchange

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Definitions:

Taxpayer Identification Number

A unique number assigned to taxpayers for identification purposes by the IRS or Social Security Administration, such as a Social Security Number (SSN) for individuals.

Monthly Schedule Depositor

A designation for businesses that are required to deposit employment taxes on a monthly basis due to their tax liability amount.

Semiweekly Schedule Depositor

This term refers to businesses that are required to deposit employment taxes on a semiweekly basis, typically when they have accrued a certain amount of tax liability.

Tax Liability

The total amount of tax owed to federal, state, or local tax authorities for a given period.