Which of the Following Characteristics Are Correct Regarding the New

question 35

Multiple Choice

Which of the following characteristics are correct regarding the new style option quotation system?
I. The system is known as OPRA - the Options Price Reporting Authority code.
II. The system has 3 data elements.
III. The system has 21 characters.
IV. The system has 5 characters.
V. The system is known as the OCC Series Key.
VI. The root symbol is the underlying stock's ticker symbol.

• A)I, II, III, and VI
• B)II, III, IV, and V
• C)I, II, and IV
• D)II, III, V, and VI
• E)III, V, and VI

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Definitions:

Apply

To put into action or use a particular method, process, or rule, often in order to achieve a specific result or effect.

MID Function

A programming function that extracts a substring from a given string, starting at a specified position and continuing for a given number of characters.

Text

Written or typed words used to convey messages, information, or data.

Single Quotation

A punctuation mark used to indicate dialogue, a quote within another quote, or to denote particular meanings in texts.