问题 单项选择题

The clearinghouse’s futures position is relatively low-risk because:()

A. all its obligations to deliver are matched to other investors’ obligations to make delivery. 

B. it is highly capitalized and backed by large credit lines. 

C. of both A and B.

答案

参考答案:C

解析:

The clearinghouse is not a U. S. government agency nor is it insured by the U S government. As a result, its safety is reliant upon its net zero futures position, its credit lines, and high capitalization.

单项选择题
单项选择题