ACI
3I0-012 · Question #582
You are quoting forward FX prices to a broker subject to finding a counterparly for a matching transaction. The Model Code says:
The correct answer is A. You must tell the broker, who must qualify your quotes. See the full explanation below for the reasoning.
Question
You are quoting forward FX prices to a broker subject to finding a counterparly for a matching transaction. The Model Code says:
Options
- AYou must tell the broker, who must qualify your quotes.
- BFor credit reasons, you must tell the broker when he presents a name.
- CYou cannot do this.
- DThe Model Code does not make recommendations on this subject.
How the community answered
(45 responses)- A71% (32)
- B16% (7)
- C4% (2)
- D9% (4)
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