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Which of the following statements about closing a futures contract through offset is most accurate? A. A low percentage of offsets take place ex-pit. B. In an offset, or reversing trade, a trader makes an exact opposite trade (maturity, quantity, and good) to her current position, either through the clearinghouse or a private party. C. Offset is the least common method of closing a futures position. D. The clearinghouse nets the position to zero. |