ACI
3I0-012 · Question #321
A bank quotes 3-month EUR deposits at 0.45% -- 0.55% to its broker. The broker lifts the bank's offer at 0.55%. Which of the following steps must the broker take?
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Question
A bank quotes 3-month EUR deposits at 0.45% - 0.55% to its broker. The broker lifts the bank's offer at 0.55%. Which of the following steps must the broker take?
Options
- AThe broker must show the borrower's name to the lender first and disclose the lender's name only
- BThe broker must show the lender's name to the borrower first and disclose the borrower's name only
- CThe broker must show the borrower's and lender's names to each other at the same time.
- DFor marketing reasons, the broker can show the lender's name to the borrower at any time.
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