题目
Which of the following risks facing a central counterparty (CCP) is most likely to be introduced during a market crisis?
选项
A.Default risk.
B.Liquidity risk.
C.Operational risk.
D.Settlement and payment risk
答案
D
解析
Settlement and payment risk refers to the risk that a bank no longer provides cash settlementservices between a CCP and its members. Such risk is not likely to be present during normalperiods but is much more likely to be present during crisis periods.结算支付风险是指银行不再为CCP及其成员提供现金结算服务的风险。这种风险不太可能出现在正常时期，但更有可能出现在危机时期。