Ask Question
BusinessBusiness
29 October, 03:31

You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option that she currently holds. To whom would your firm present such an exercise order?

+1
Answers (1)
  1. 29 October, 05:42
    0
    The correct answer is: The firm would present the order to the Options Clearing Corporation.

    Explanation:

    The Options Clearing Corporation or OCC works under the Securities and Exchange Commission (SEC) and acts as a guarantor and the issuer of options and futures contracts. The OCC is also in charge of clearing transactions for stock indexes, interest rate composites, and foreign currencies.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option that she ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A company's times interest earned ratio is 12.1. This means that a. the company has 12 times more debt than equity. b. bondholders are at risk of not receiving their interest payments. c.
Answers (1)
On September 1, Year 1, West Company borrowed $50,000 from Valley Bank. West agreed to pay interest annually at the rate of 6% per year. The note issued by West carried an 18-month term. West Company has a calendar year-end.
Answers (1)
Describe three ways that globalization is having a negative impact on the environment
Answers (1)
You are a CPA and have been asked to volunteer a few hours of your time to review the accounting records and procedures of a small nonprofit, charitable organization with an annual budget just under $5 million.
Answers (1)
Historically, when has growth in the national debt been highest in the united states?
Answers (1)
New Questions in Business
Housing prices have begun to drop. New home construction has stopped and fewer run-down houses are being repaired. (Use the graphs from the Supply and Demand Guide.)
Answers (1)
Bustillo Inc. is working on its cash budget for March. The budgeted. 3 Bustillo Inc. ts working on ts cash budget for March. The budgeted beginning cash balance is $40,000.
Answers (1)
Transfer payments are: a. a redistribution of funds from one individual to another individual in the economy. b. another term for government taxation. c. a means by which government raises funds. d. counted in gdp.
Answers (1)
A corporation owns many acres of timber, which it acquired three years ago, and which has a $120,000 basis. The timber was cut last year for use in the corporation's business. The FMV of the timber on the first day of last year was $270,000.
Answers (1)
Which of the following is an inequality or equation that expresses a restriction in a mathematical model? a. Decision variableb. Parameterc. Objective functiond. Constrainte. None of these
Answers (1)
Home » Business » You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option that she currently holds. To whom would your firm present such an exercise order?
Sign Up Forgot Password?