ACI
3I0-012 · Question #626
Bank XYZ calls you for a quote in EUR/USD for EURO 20 million. If you decide to quote to Bank XYZ:
The correct answer is A. You must be prepared to deal up to EUR 20 million. See the full explanation below for the reasoning.
Question
Bank XYZ calls you for a quote in EUR/USD for EURO 20 million. If you decide to quote to Bank XYZ:
Options
- AYou must be prepared to deal up to EUR 20 million.
- BYou may quote without stating the amount you are prepared to deal.
- CYou are only committed to deal in a marketable amount.
- DNone or the above.
How the community answered
(52 responses)- A85% (44)
- B2% (1)
- C4% (2)
- D10% (5)
Community Discussion
No community discussion yet for this question.