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ACI

3I0-012 · Question #625

If a dealer has interest on one side, and the other side is dealt away, the broker should:

The correct answer is A. Immediately put the price "under reference" and check with the dealer to ascertain his original intention. See the full explanation below for the reasoning.

Question

If a dealer has interest on one side, and the other side is dealt away, the broker should:

Options

  • AImmediately put the price "under reference" and check with the dealer to ascertain his original intention.
  • BCancel the order.
  • CContinue with the order.
  • DNone of the above.

How the community answered

(26 responses)
  • A
    77% (20)
  • B
    8% (2)
  • C
    4% (1)
  • D
    12% (3)

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Full 3I0-012 Practice