标题: Reading 70: Option Markets and Contracts LOSb习题精选 [打印本页]
作者: honeycfa 时间: 2010-4-26 14:18 标题: [2010] Session 17 - Reading 70: Option Markets and Contracts LOSb习题精选
LOS b: Differentiate between exchange-traded options and over-the-counter options.
Exchange-traded stock options are all of the following EXCEPT:
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A) |
backed by the options clearinghouse. | |
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B) |
subject to counterparty risk. | |
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C) |
typically for 100 shares of stock. | |
Exchange-traded options are backed by the clearinghouse and not subject to counterparty risk; over-the-counter options are subject to counterparty risk.
作者: honeycfa 时间: 2010-4-26 14:18
Exchange-traded options are NOT:
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A) |
backed by the Options Clearing Corporation. | |
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B) |
standardized as to expirations and contract size. | |
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Over-the-counter options are issued by dealers.
作者: honeycfa 时间: 2010-4-26 14:18
Over-the-counter options are:
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C) |
the most important type in terms of volume. | |
Over-the-counter options are largely unregulated, not liquid, and represent much less volume than exchange-traded options.
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