标题: Reading 71: Option Markets and Contracts-LOS d 习题精选 [打印本页]
作者: 1215 时间: 2011-3-31 12:09 标题: [2011]Session17-Reading 71: Option Markets and Contracts-LOS d 习题精选
Session 17: Derivatives
Reading 71: Option Markets and Contracts
LOS d: Differentiate between exchange-traded options and over-the-counter options.
Exchange-traded stock options are all of the following EXCEPT:
|
A) |
backed by the options clearinghouse. | |
|
B) |
subject to counterparty risk. | |
|
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: 1215 时间: 2011-3-31 12:09
Exchange-traded options are NOT:
|
|
|
B) |
backed by the Options Clearing Corporation. | |
|
C) |
standardized as to expirations and contract size. | |
Over-the-counter options are issued by dealers.
作者: 1215 时间: 2011-3-31 12:09
Over-the-counter options are:
|
|
|
B) |
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.
作者: luqian55 时间: 2011-10-8 11:13
thanks a lot
| 欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) |
Powered by Discuz! 7.2 |