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3I0-012 · Question #271

3I0-012 Question #271: Real Exam Question with Answer & Explanation

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Question

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?

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

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