ACI
3I0-012 · Question #206
What does the Model Code say about omitting the "big figure" in voice communication?
The correct answer is D. The Model Code recommends that the "big figure" be included in all outright and spot FX quotations. See the full explanation below for the reasoning.
Question
What does the Model Code say about omitting the "big figure" in voice communication?
Options
- AThe "big figure" should not be included in outright quotations.
- BIn order to avoid misunderstandings, the "big figure" should not be mentioned when repeating the details
- CFor the sake of brevity and efficiency, "big figures" should never be quoted at all in spot FX trading.
- DThe Model Code recommends that the "big figure" be included in all outright and spot FX quotations.
How the community answered
(35 responses)- A6% (2)
- B14% (5)
- C3% (1)
- D77% (27)
Community Discussion
No community discussion yet for this question.