ACI
3I0-012 · Question #364
Once a prime-broker has matched and accepted a trade, separate confirmations must be exchanged between:
The correct answer is C. the prime-broker and the executing dealer, and between the prime-broker and the client. See the full explanation below for the reasoning.
Question
Once a prime-broker has matched and accepted a trade, separate confirmations must be exchanged between:
Options
- Athe prime-broker and the executing dealer only
- Bthe prime-broker and the executing dealer, and between the executing dealer and the client
- Cthe prime-broker and the executing dealer, and between the prime-broker and the client
- Dthe prime-broker and the client, and between the executing dealer and the client
How the community answered
(25 responses)- A4% (1)
- B12% (3)
- C80% (20)
- D4% (1)
Community Discussion
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