ACI
3I0-013 · Question #84
What needs to be done in the event that a trade is amended by one or both parties?
The correct answer is C. A new confirmation should be generated and the confirmation cycle should restart and. See the full explanation below for the reasoning.
Question
What needs to be done in the event that a trade is amended by one or both parties?
Options
- AA new confirmation should be generated by both parties but there is no need to restart the
- BThe amending party should verbally inform the other party.
- CA new confirmation should be generated and the confirmation cycle should restart and
- DA new confirmation need not be generated but the confirmation cycle must restart and
How the community answered
(20 responses)- A5% (1)
- B5% (1)
- C80% (16)
- D10% (2)
Community Discussion
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