Which of the following is not a major function of the clearing house:
A)establish and collect deposits.
B)determine the price of all futures contracts.
C)call in margins as required.
D)apportion the gains and losses.

Question

Quizplus · Accepted Answer

While the clearing house plays a role in determining margin requirements and overseeing the transfer of funds between parties, it does not determine the price of all futures contracts. Prices are determined by market supply and demand dynamics, and clearing houses ensure trades are cleared and settled in a timely and efficient manner.

Which of the Following Is Not a Major Function of the Clearing