NO.PZ2019052801000081
问题如下:
The potential drawbacks of OTC trading are not included:
选项:
A.Counterparty risk may arise in the close out process.
B.The liquidity of OTC derivatives is limited compared to exchange-traded products.
C.The terms of contract are non-standard.
D.A failure of single point in OTC trading will not cause systemic risk.
解释:
D is correct.
考点:bilaterally OTC trading
解析:OTC交易的缺点有:有对手方风险、流动性比交易所内交易差、合约不是标准化的。OTC交易中,一方的违约可能导致多方违约,从而导致整个体系的奔溃。
可以详细解释下D选项的含义么,谢谢