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18 Trades among three members are settled via multi-lateral netting with a centralized counterparty. What is the net settlement between the CCP and member A

18 Trades among three members are settled via multi-lateral netting with a centralized counterparty. What is the net settlement between the CCP and member A for the following trades:

i) A buys 5 shares from B

ii) B buys 10 shares from A

iii) A buys 7 shares from D

iv) A sells 10 shares to D

v) B sells 15 shares to D

  1. A gives 8 shares to CCP.
  2. A receives 2 shares from CCP
  3. A gives 10 shares to CCP.
  4. A receives 5 shares from CCP.

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