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ACI

3I0-013 · Question #152

Which of the following is considered a good practice in trade confirmation?

The correct answer is B. All confirmations must be sent on the day following the trade date at the latest. See the full explanation below for the reasoning.

Question

Which of the following is considered a good practice in trade confirmation?

Options

  • AConfirmations should be issued to non-front office personnel only
  • BAll confirmations must be sent on the day following the trade date at the latest
  • CMultiple confirmations sent through different distribution channels reduce potential errors
  • DCounterparties should send confirmations, or positively affirm trades within 24 hours of the

How the community answered

(22 responses)
  • A
    9% (2)
  • B
    82% (18)
  • C
    5% (1)
  • D
    5% (1)

Community Discussion

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Full 3I0-013 Practice