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ACI

3I0-012 · Question #132

In interbank trading, if a dealer is calling "off" at the same time as the broker is hitting a price:

The correct answer is B. a transaction should be concluded and the broker should inform both counterparties accordingly. See the full explanation below for the reasoning.

Question

In interbank trading, if a dealer is calling "off" at the same time as the broker is hitting a price:

Options

  • Ano transaction should be concluded and the broker should inform both counterparties accordingly
  • Ba transaction should be concluded and the broker should inform both counterparties accordingly
  • Cthe dealer has the choice of either concluding the transaction or not
  • Dthe broker decides whether the transaction should be concluded or not

How the community answered

(29 responses)
  • A
    3% (1)
  • B
    79% (23)
  • C
    7% (2)
  • D
    10% (3)

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Full 3I0-012 Practice