What Intermediary Guarantees an Option Writer's Performance

question 26

Multiple Choice

What intermediary guarantees an option writer's performance?

• A) credit worthiness rating company
• B) brokerage
• C) good-till-canceled order
• D) clearinghouse
• E) none of the above

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Definitions:

Louis Pasteur

A 19th-century French chemist and microbiologist known for his discoveries of the principles of vaccination, microbial fermentation, and pasteurization.

Rabies

A viral disease causing acute inflammation of the brain in humans and other mammals, typically transmitted through the bite of an infected animal.

Vaccine

Preparation that acts as a preventative measure against a disease by using antigens that promote immunity without causing the actual disease.

Pathogenic Bacteria

Bacteria that are capable of causing disease in their host, including humans, animals, and plants.