A futures clearing house is:
A) The buyer to each seller and the seller to each bu
B) A clearing agent only
C) The self-regulatory organisation for the futures e
D) The owner of the futures exchange

Question

Quizplus · Accepted Answer

A futures clearing house acts as the intermediary in futures transactions, becoming the buyer to every seller and the seller to every buyer, ensuring the integrity and stability of the market.

A Futures Clearing House Is