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Basic Question 3 of 15

In a futures market, which party is most likely to guarantee contract performance?

A. Brokers
B. Dealers
C. Its clearinghouse

User Contributed Comments 2

User Comment
cy166099 like Fedwire or The Depository Trust for securities or CME Group for OTC trades
w12122333 Thank you, @cy166099, for giving us examples. Otherwise, it was quite blur for me
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe types of financial intermediaries and services that they provide

CFA® 2025 Level I Curriculum, Volume 3, Module 1.