Chapter 01 · Section 1.1
Contract Terms
EXCHANGE-TRADED OPTIONS
Contract Terms ...........
Delivery ...........
Trading ...........
Credit Risk ...........
Liquidity ...........
The terms of an exchange-traded option are:
d) set out in the 1944 Bretton Woods Agreement.
No. Options were not even traded during WW II. Trading options did not resume with reasonable volume until 1973 when the CBOE started stock options trading.
a) established by the exchange and therefore standardized.
b) negotiated by each party to the agreement.
c) set by the United Nations security council.
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