ACI
3I0-012 · Question #203
Which of the following statements best describes the conditions under which a prime broker may accept a trade given up?
The correct answer is D. the trade is within the tenor limits, credit limits and is of an applicable trade type. See the full explanation below for the reasoning.
Question
Which of the following statements best describes the conditions under which a prime broker may accept a trade given up?
Options
- Athe trade is within the specified tenor limits
- Bthe trade is within the tenor limits and is of an applicable trade type
- Cthe trade is within the tenor limits and credit limits
- Dthe trade is within the tenor limits, credit limits and is of an applicable trade type
How the community answered
(42 responses)- A12% (5)
- B7% (3)
- C2% (1)
- D79% (33)
Community Discussion
No community discussion yet for this question.