The _____, which functions as the issuer of all options listed on the exchanges, is responsible for the liquidity and ease of operation of the options market.
A)Chicago Board Options Exchange
B)Options Clearing Corporation
C)New York Stock Exchange
D)None of the above

Question

Quizplus · Accepted Answer

Much of the liquidity and ease of operation of the option exchanges is due to the role of the Options Clearing Corporation, which functions as the issuer of all options listed on the five exchanges-the CBOE, the AMEX, the Philadelphia Exchange, the International Securities Exchange, and the Pacific Coast Exchange.

The _____, Which Functions as the Issuer of All Options