ACI
3I0-013 · Question #94
If the back office staff receive a trade that is incomplete, which information is absolutely essential for processing the trade?
The correct answer is A. The clearing house phone number. See the full explanation below for the reasoning.
Question
If the back office staff receive a trade that is incomplete, which information is absolutely essential for processing the trade?
Options
- AThe clearing house phone number
- BThe account number to which fees are booked
- CThe identity of the counterparty's dealer
- DThe name of the counterparty
How the community answered
(35 responses)- A77% (27)
- B14% (5)
- C3% (1)
- D6% (2)
Community Discussion
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