ACI
3I0-012 · Question #411
After having quoted a rate of 1.5005-10, the quoting bank says, "Your risk". This means:
The correct answer is A. The quoted rate is subject to change at the risk of the price-taker. See the full explanation below for the reasoning.
Question
After having quoted a rate of 1.5005-10, the quoting bank says, "Your risk". This means:
Options
- AThe quoted rate is subject to change at the risk of the price-taker
- BThe quoting bank is reminding you of the market risk of your potential trade
- CThis is a requirement of any market maker
- DThe market maker needs to check your credit limit
How the community answered
(31 responses)- A71% (22)
- B10% (3)
- C3% (1)
- D16% (5)
Community Discussion
No community discussion yet for this question.