ACI
3I0-013 · Question #287
When an over-the-counter broker executes an order for your bank, what information is required on the confirmation you are sent?
The correct answer is D. The price of the security; the role played by the broker; the commission, if any, that was. See the full explanation below for the reasoning.
Question
When an over-the-counter broker executes an order for your bank, what information is required on the confirmation you are sent?
Options
- AThe price of the security
- BThe price of the security; the role played by the broker
- CThe price of the security; the role played by the broker; and the commission, if any, that was
- DThe price of the security; the role played by the broker; the commission, if any, that was
How the community answered
(24 responses)- A4% (1)
- B8% (2)
- C4% (1)
- D83% (20)
Community Discussion
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