ACI
3I0-012 · Question #216
According the Model Code, a principal, whose name has been rejected, feeling that the broker may have actually quoted a price or rate that it could not in fact substantiate, may:
The correct answer is B. in some centres, ask either the central bank or some other neutral body to investigate and confidentially. See the full explanation below for the reasoning.
Question
According the Model Code, a principal, whose name has been rejected, feeling that the broker may have actually quoted a price or rate that it could not in fact substantiate, may:
Options
- Adeduct points from the broker or adjust the brokerage bill accordingly
- Bin some centres, ask either the central bank or some other neutral body to investigate and confidentially
- Cin some centres, ask the local ACI to investigate and confidentially verify that there was support for the
- Dinsist that the broker discloses the name of the other counterparty
How the community answered
(45 responses)- A7% (3)
- B73% (33)
- C4% (2)
- D16% (7)
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