NO.PZ2021061002000003
问题如下:
Which of
the following is an appropriate statement regarding exchange-traded
derivatives markets?
选项:
A.Settlement: the process by which the exchange verifies the execution of a transaction and records the participants’ identities.The clearing and settlement process provides a credit guarantee.
C.Exchange markets are more transparent than
over-the-counter markets, but not all information is required to be disclosed
to exchanges.
解释:
B is correct
清算:交易所验证交易执行并记录参与者身份的过程,并不是结算(settlement),A错
交易所市场比场外交易市场具有更高的透明度,所有交易的全部信息都向交易所和监管机构披露。C错。
清算是算出交易的债券和资金的应收应付金额,结算包括清算和交收,还要利用清算后的数据,真正的做资金和证券的收付。
那结算是啥呀,谢谢