ACI
3I0-012 · Question #140
What recommendation does the Model Code make to banks accepting a stop-loss order?
The correct answer is A. The Model Code emphasizes the importance of clear, concise documentation and on-going lines of. See the full explanation below for the reasoning.
Question
What recommendation does the Model Code make to banks accepting a stop-loss order?
Options
- AThe Model Code emphasizes the importance of clear, concise documentation and on-going lines of
- BBank management must guarantee a fixed price execution to the counterparty.
- CThe Model Code recommends that only experienced dealers should be allowed to take such orders.
- DBank staff must secure the approval of the counterparty's management to accept such orders.
How the community answered
(33 responses)- A79% (26)
- B12% (4)
- C6% (2)
- D3% (1)
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