ACI
3I0-012 · Question #670
Bank participants have a duty to make it clear that their prices are firm or merely indicative:
The correct answer is D. At all times. See the full explanation below for the reasoning.
Question
Bank participants have a duty to make it clear that their prices are firm or merely indicative:
Options
- AOnly if they are dealing with brokers.
- BOnly if they are dealing in a fast moving market.
- COnly if the amount is not marketable.
- DAt all times.
How the community answered
(22 responses)- B5% (1)
- C9% (2)
- D86% (19)
Community Discussion
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