Why is securities reconciliation necessary?

Question

Options

• ATo prevent that a failed order results in a failure to settle that day, which in turn would lead to
• BTo facilitate the handling of complex security transactions.
• CIn order to save data capacity in electronic archiving systems.
• DTo anticipate the fact that clearing houses stop processing in the afternoon, whereas payment

• A
  7% (3)
• B
  80% (33)
• C
  10% (4)
• D
  2% (1)

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