Your broker quotes you EUR/USD at 1.3425-28. You respond by saying "yours". Which one of the following statements is true?

Question

Options

• AYou are committed to sell a marketable EUR amount unless the quote was for a specific amount.
• BYou are committed to sell to the counterparty his full EUR amount subject to credit limits on the counterparty.
• CYou are committed to sell EUR up to the amount permitted by your credit limits on the counterparty.
• DYou are committed to sell a marketable USD amount unless the quote was for a specific amount.

• A
  79% (23)
• B
  3% (1)
• C
  3% (1)
• D
  14% (4)

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