10. The Options Clearing Corporation is owned by: a. The FED b. The exchanges on which stock options are traded. c. The major US banks. d. The FDIC e. Michael Bloomberg. f. Ray Dalio. 11. Futures contracts_ traded on an organized exchange and forward contracts traded on an organized exchange. a. Are not, are b. Are, are c. Are not, are not d. Are, are not e. Are, may or may not be. f. Not enough information to find solutions. 12. The buver of a futures contract is said to have aposition, and the seller of a futures contract is said to have a _position in futures. a. Long, short b. Long, long c. Short, short d. Short, long e. Margined, long f. Margined, margined 13. The terms of futures contracts such as the quality and quantity of the commodity and the delivery date are: a. Specified by the buyers and sellers. b. Specified only by the buyers. c. Specified by the futures exchanges. d. Specified by the brokers and dealers. e. Specified by the NYSE. f. None of the above