ACI
3I0-012 · Question #461
Which of the following statements is an incorrect statement in respect of Model Code recommendations concerning electronic trading?
The correct answer is B. A manual kill button that disables the system's ability to trade and cancels all resting orders may. See the full explanation below for the reasoning.
Question
Which of the following statements is an incorrect statement in respect of Model Code recommendations concerning electronic trading?
Options
- AIt is recommended that ECNs have mechanisms that control price flashing
- BA manual kill button that disables the system's ability to trade and cancels all resting orders may
- CThe sudden withdrawal of a specific credit limit or limits in a tactical manipulation to mislead the market
- DAlgorithms require appropriate supervision performed by staff with commensurate levels of experience
How the community answered
(18 responses)- A6% (1)
- B72% (13)
- C6% (1)
- D17% (3)
Community Discussion
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