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3I0-012 · Question #677

3I0-012 Question #677: Real Exam Question with Answer & Explanation

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Question

You hear from several counterparties that a major market participant has taken major losses on long USD/JPY positions. You know the reports are untrue, as you have in fact bought large amounts of USD/JPY from that very firm, which means that the impact of the reports on the market would be helpful to your position.

Options

  • AAs you have heard the reports from other parties, you are entitled to pass them on to market news services.
  • BAs you have heard the reports from other parties, you are entitled to pass them on to other market participants.
  • CYou should not pass any information you know to be false.
  • DYou should contradict the reports.

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