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ACI

3I0-012 · Question #573

When you are accepting a stop loss order, you must:

The correct answer is C. Ensure that your counterparty understands that any guarantee or fixed price execution requires agreement. See the full explanation below for the reasoning.

Question

When you are accepting a stop loss order, you must:

Options

  • AEnsure that your counterparty understands the terms under which your bank accepts the order.
  • BEnsure that your counterpart can be contacted in the event of unusual situations or events or extremely
  • CEnsure that your counterparty understands that any guarantee or fixed price execution requires agreement
  • DAll of the above.

How the community answered

(23 responses)
  • A
    13% (3)
  • B
    9% (2)
  • C
    74% (17)
  • D
    4% (1)

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