What should a broker do if his quoted price is hit simultaneously by several dealers for a total amount greater than that for which the price concerned was valid?

Question

Options

• Aallot the amount for which the price is valid pro rata amongst some principals in accordance with the
• Bdecide which principals he will allot the amount for which the price is valid and inform the other dealers
• Cevenly allocate the amount for which the price is valid amongst all the principals and inform all the
• Dapportion the amount for which the price is valid pro rata amongst all the principals concerned in accordance

• A
  10% (2)
• B
  5% (1)
• C
  15% (3)
• D
  70% (14)

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