Question 10. 10. Which of the following correctly orders the process of daily se

Question

Question 10. 10. Which of the following correctly orders the process of daily settlement? (Points : 3.84) clearinghouse officials establish a settlement price; each account is marked to market; accounts of those holding long/short positions are credited/debited appropriately; differences between today’s settlement price and the previous days settlement price are determined clearinghouse officials establish a settlement price; each account is marked to market; differences between today’s settlement price and the previous day’s settlement price are determined; accounts of those holding long/short positions are credited/debited appropriately differences between today’s settlement price and the previous day’s settlement price are determined; accounts are marked to market; clearinghouse officials establish a settlement price; accounts of those holding long/short positions are credited/debited appropriately clearinghouse officials establish a settlement price; differences between today’s settlement price and the previous days settlement price are determined; accounts of those holding long/short positions are credited/debited appropriately; each account is marked to market differences between today’s settlement price and the previous day’s settlement price are determined; accounts are marked to market; clearinghouse officials establish a settlement price; accounts of those holding long/short positions are credited/debited appropriately

Explanation / Answer

The following correctly orders the process of daily settlement :

clearinghouse officials establish a settlement price; differences between today’s settlement price and the previous days settlement price are determined; accounts of those holding long/short positions are credited/debited appropriately; each account is marked to market differences between today’s settlement price and the previous day’s settlement price are determined; accounts are marked to market;

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.