单选题 The clearinghouse"s futures position is relatively low-risk because:

A、 all its obligations to deliver are matched to other investors" obligations to make delivery.B. it is highly capitalized and backed by large credit lines.
B、 of both A and
C

【正确答案】 C

【答案解析】The clearinghouse is not a U. S. government agency nor is it insured by the U S government. As a result, its safety is reliant upon its net zero futures position, its credit lines, and high capitalization.