EFP Practice Questions - EFPA European Financial Planner (EFP) Exam

Which of the following best describes the function of a central counterparty (CCP) in European financial markets?

It acts as a primary dealer for government debt issuance It sets interest rate benchmarks like EURIBOR It interposes itself between counterparties to a transaction, becoming the buyer to every seller and the seller to every buyer It regulates investment firms under the MiFID II framework

Correct Answer:

It interposes itself between counterparties to a transaction, becoming the buyer to every seller and the seller to every buyer

Access more questions from this quiz

Continue to EFP Practice Questions - EFPA European Financial Planner (EFP) Exam for more practice questions and the full quiz experience.

Access More Questions