Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 3 of 15
In a futures market, which party is most likely to guarantee contract performance?
B. Dealers
C. Its clearinghouse
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 |
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
Learning Outcome Statements
describe types of financial intermediaries and services that they provide
CFA® 2025 Level I Curriculum, Volume 3, Module 1.