ACI
3I0-012 · Question #137
3I0-012 Question #137: Real Exam Question with Answer & Explanation
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Question
When a deal is done via a broker:
Options
- Ait need not be confirmed between the counterparties as the broker confirms it immediately with both
- Bit should also be confirmed directly between the two counterparties
- Cit is important to note that broker confirmations are bilateral confirmations between the principals of the trade
- Dthe dealer should obtain acknowledgement that the deal has been agreed to but may assume agreement
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