When is a trade considered a binding agreement for the counterparties?

Question

Options

• AOnce the trade is agreed to by both the front offices
• BAs soon as one of the counterparties has confirmed the trade
• COnce the confirmation is accepted by both parties to a trade
• DAs soon as the master agreement has been signed by both parties

• A
  4% (1)
• B
  8% (2)
• C
  4% (1)
• D
  85% (22)

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