NO.PZ2020033003000046
问题如下：
Which of the following is most effective for managing the presettlement risk(the risk that the counterparty default before settlement) ?
选项：
A.
Analyze both the whole exposure and net exposure.
B.
Close-out netting.
C.
Payment netting.
D.
Trading only with high-quality counterparties.
解释：
B is correct.
考点：Modeling Netting Agreements
解析：要减小结算前违约的风险，在合约结束前直接与insolvent的公司进行净额结算，可以有效的减少这类风险。
这种约定，相比对整个风险敞口和netting风险敞口的分析，或者只和高信用质量的对手方进行交易更加有效。
而payment netting可以减小操作风险和结算的风险，和这种结算前违约的风险把控没有关系。
请问选项都是啥意思？B为啥不对呢
