Multiple Choice
Assume the following scenario: Bank A bids for EUR 5,000,000.00 at 1.3592. Bank B offers EUR 10,000,000.00 at 1.3597. Broker XYZ quotes to the market EUR/USD 1.3592/97. Bank C takes the offer at 1.3597. What information is the broker obliged to reveal?
A) the name of Bank A and Bank B
B) the names of Bank B and Bank C
C) the amount that was bid but not the name of Bank A
D) the amount taken by Bank C as well as the amount that was bid
Correct Answer:
Verified
Correct Answer:
Verified
Q73: Whose compliance rules, regulations and best practices
Q74: Payment and settlement instructions should be passed:<br>A)
Q75: You are quoted the following rates: Spot
Q76: Which of the following currencies is quoted
Q77: By what means should a financial institution
Q79: To establish and maintain a short position
Q80: Which of the following both provide credit
Q81: Which of the following is a function
Q82: Under Basel rules, expected credit loss is
Q83: Which one of the following formulae is