ACI
3I0-012 · Question #663
3I0-012 Question #663: Real Exam Question with Answer & Explanation
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Question
The Committee for Professionalism strongly recommends intra-day oral deal checks to help reduce the number and size of differences, particularly when dealing through voice-brokers, for deals involving foreign counterparties, in faster moving markets such as FX and when dealing in other instruments which have very short settlement periods. This checking should:
Options
- ABe carried out at least three times a day.
- BBe agreed between the parties.
- CBe done at the end of each day.
- DBe decided by the broker.
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