The Options Clearing Corporation (OCC)serves as a Guarantor on Option

question 69

True/False

The Options Clearing Corporation (OCC)serves as a guarantor on option contracts traded in the United States.

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Definitions:

Academic Probation

A warning status given to students whose academic performance falls below an institution’s requirement for good standing.

Academic Fraternity

A student organization within higher education institutions, often focused on academic achievement and professional development, sometimes specific to particular fields of study.

Statistically

Pertaining to the use of or relating to statistics, which involves the collection, analysis, interpretation, and presentation of numerical data.

Separated

Describes a state where two or more entities are physically or symbolically disjoined or kept apart.