ACI
3I0-012 · Question #463
When should confirmations be sent out?
The correct answer is B. within two hours of the trade being booked and as soon as technologically possible. See the full explanation below for the reasoning.
Question
When should confirmations be sent out?
Options
- Aone day after the deal is done
- Bwithin two hours of the trade being booked and as soon as technologically possible
- Cimmediately after having received the confirmation of the counterparty
- Dno later than the value date of the first leg of the transaction
How the community answered
(35 responses)- A9% (3)
- B74% (26)
- C3% (1)
- D14% (5)
Community Discussion
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