问题如下:
The default risk exposure that non-clearing members face comes from:
选项:
A.Clearing members only.
B.Other non-clearing members only.
C.Both clearing and other non-clearing members.
D.There is no default risk exposure among non-clearing members.
解释:
C is correct.
考点:risks faced by CCPs
解析: Non-clearing members的违约风险来源于与clearing members以及其它non-clearing members之间的交易。
解惑:清算所向会员结算,会员向非会员结算,所以非会员的违约风险是会员。