Chapter 3:1 Exchanges and Over-the-Counter (OTC) Trading Flashcards
1
Q
What is Euronext?
A
- Europe’s largest exchange.
- Spans across London, Lisbon, Brussels, Paris and Amsterdam’s ICE markets.
1
Q
What is a Derivatives Exchange?
A
A marketplace where someone can buy and sell derivatives.
2
Q
What do Derivatives Exchanges use to trade?
A
Platforms, i.e. electronic or in pits.
3
Q
What Platform does Euronext use to trade?
A
Optiq - which uses Secure Financial Technology Infrastructure (SFTI).
4
Q
Who are Euronext’s Clearing Houses?
A
LCH SA and EuroCCP.
5
Q
What are the 6 entities of ICE Clearing?
A
- ICE Clear Europe
- Singapore
- US
- Netherlands
- Credit
- NGX
6
Q
Which entities are responsible for clearing ‘a variety of derivatives’?
A
- Europe
- Singapore
- US
- Netherlands
7
Q
Which market is ICE Clear Credit responsible for clearing?
A
Credit.
8
Q
Which market is ICE Clear NGX responsible for clearing?
A
Natural gas and electricity markets in North America.
9
Q
A
