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What Needs to Be Done in the Event That a Trade

Question 115

Multiple Choice

What needs to be done in the event that a trade is amended by one or both parties?


A) A new confirmation should be generated by both parties but there is no need to restart the confirmation cycle.
B) The amending party should verbally inform the other party.
C) A new confirmation should be generated and the confirmation cycle should restart and continue until the trade is completely matched by both parties.
D) A new confirmation need not be generated but the confirmation cycle must restart and continue until the trade is completely matched by both parties.

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