Chapter 04 · Section 4.1

The Trading and Clearing Process

  1. 1Requirements for Trading Options
  2. 2Options- the Mechanics of a Purchase
  3. 3Order vs. Quote
  4. 4Quotes
  5. 5Options vs Stock Exchanges
  6. 6Option Holder
  7. 7Nestlé
  8. 8Clearing System
  9. 9Positions and Risk Flow
  10. 10General Clearing Members
  11. 11Margins and Long Options
  12. 12Margins and Exercise
  13. 13Default on Margin
  14. 14Liquidation