Feedback for In case of default by one of the members of CCP, in order to fund losses arising out of default, please choose the correct order from below in which funds are used1 – Initial Margin of defaulted member2 – Equity of CCP3 – Default fund contribution of defaulted member4 – Default fund contribution of other members

1 3 4 2 is the correct order. ref GARP Book 3 

Location: Quiz B3C05 Exchange and OTC Markets

1 3 4 2 is the correct order. ref GARP Book 3 

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