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ACI

3I0-012 · Question #682

The Model Code strongly recommends that intra-day oral deal checks should:

The correct answer is C. Be mutually agreed between the bank and the broker or counterparty. See the full explanation below for the reasoning.

Question

The Model Code strongly recommends that intra-day oral deal checks should:

Options

  • ABe conducted out at the end of the morning and afternoon trading sessions.
  • BBe only be conducted after the close of business.
  • CBe mutually agreed between the bank and the broker or counterparty.
  • DBe the responsibility of the broker.

How the community answered

(66 responses)
  • A
    12% (8)
  • B
    3% (2)
  • C
    77% (51)
  • D
    8% (5)

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Full 3I0-012 Practice