- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 1. Market Organization and Structure
- Subject 3. Financial Intermediaries
CFA Practice Question
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
Correct Answer: C
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 |