Which of the Following Is the Main Reason for the Options

question 123

Multiple Choice

Which of the following is the main reason for the Options Clearing Corporation to change the system of options symbols?

• A) Investors were having trouble understanding the former 20-letter system.
• B) Options exchanges had to use special symbols for NASDAQ listed stocks.
• C) Different stocks had the same options ticker symbol.
• D) Letter combinations did not differentiate between a put and a call.
• E) All possible symbol combinations had been taken making it impossible for new options to be traded

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Definitions:

Free-Trade Zone

A specific region within a country where goods may be imported, handled, manufactured, or reconfigured, and re-exported without the intervention of customs authorities.

Quota

A quota is a government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a certain time period.

Restriction

A rule or regulation that limits or controls actions or developments.

Most-Favored-Nation Status

Most-Favored-Nation Status is a trade policy ensuring that a country grants the same trade advantages, like lowest tariffs, to all its trading partners.