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3I0-012 · Question #401

3I0-012 Question #401: Real Exam Question with Answer & Explanation

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Question

Under what conditions can an FX broker act as a position taker?

Options

  • Aif a principal refuses to honour the deal
  • Bno conditions are required; the broker is entitled to take positions
  • Conly if he can not find another counterparty for a name switching
  • Dbrokers act only as intermediaries or arrangers of deals

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