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.