Question

What role does a Central Counterparty (CC

  • P perform in financial transaction markets?
A It acts as an auditing division that liquidates bad corporate debts
B It acts as a financial clearing intermediary, stepping between buyers and sellers to guarantee trade settlement performance
C It serves as an independent credit bureau approving infrastructure project tranches
D It acts as a primary credit rating agency for financial market participants
E It registers partnership agreements and corporate bylaws for commercial firms
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