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Trades among three members, A, B and C, are settled via multi-lateral netting with a centralized counterparty (CCP). The trades are listed below:   1) A buys 5 shares from B   ii) B buys 10 shares from A   iii) A buys 7 shares from D   iv) A stils 10 shares to D   v) B sells 15 shares to D   What is the net settlement between the CCP and member A?

Trades among three members, A, B and C, are settled via multi-lateral netting with a centralized counterparty (CCP). The trades are listed below:   1) A buys 5 shares from B   ii) B buys 10 shares from A   iii) A buys 7 shares from D   iv) A stils 10 shares to D   v) B sells 15 shares to D   What is the net settlement between the CCP and member A?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Trades among three members, A, B and C, are settled via multi-lateral netting with a centralized counterparty (CCP). The trades are listed below:

 

1) A buys 5 shares from B

 

ii) B buys 10 shares from A

 

iii) A buys 7 shares from D

 

iv) A stils 10 shares to D

 

v) B sells 15 shares to D

 

What is the net settlement between the CCP and member A?

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