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ACI

3I0-012 · Question #214

In trade confirmation, which one of the following statements about "matching" is correct?

The correct answer is C. matching should be performed as soon as possible upon receipt of the confirmation. See the full explanation below for the reasoning.

Question

In trade confirmation, which one of the following statements about "matching" is correct?

Options

  • Amatching should be performed by no later than the day after trading day
  • Bmatching processes are manual and may not be automated
  • Cmatching should be performed as soon as possible upon receipt of the confirmation
  • Dconfirmation matching should be a post-settlement workflow activity

How the community answered

(66 responses)
  • A
    11% (7)
  • B
    5% (3)
  • C
    82% (54)
  • D
    3% (2)

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Full 3I0-012 Practice