Why are confirmations necessary?

Question

Options

• AConfirmations authenticate the transaction to the risk manager, as well as providing essential
• Bin order to authenticate the BIC-code of the counterparty when the confirmation is sent via
• Cin order to have the exact mailing address of the counterparty when the confirmation is sent via
• DConfirmations authenticate transactions to staff independent of the dealing room, as well as

• A
  6% (2)
• B
  82% (28)
• C
  9% (3)
• D
  3% (1)

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