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3I0-012 · Question #570

Which of following is not true?

The correct answer is B. It is the duty of the dealer to periodically confirm with the broker the validity of his price. See the full explanation below for the reasoning.

Question

Which of following is not true?

Options

  • AInter-bank market participants have a duty to make absolutely clear whether the prices they are
  • BIt is the duty of the dealer to periodically confirm with the broker the validity of his price.
  • CIt is the responsibility of the dealer to ensure that prices given to a broker are taken off if they have not
  • DNo deal is done if one counterparty is unable to conclude a deal due to credit line problems and a name

How the community answered

(25 responses)
  • A
    12% (3)
  • B
    80% (20)
  • C
    4% (1)
  • D
    4% (1)

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Full 3I0-012 Practice