Which of the following would not constitute an event of market disruption under the Model Code?
A) The imposition of capital controls.
B) A major terrorist attack on a financial centre.
C) The failure of SWIFT.
D) Concerted central bank intervention.

Question

Quizplus · Accepted Answer

Concerted central bank intervention is a common occurrence in the foreign exchange market and does not constitute a market disruption under the Model Code. The imposition of capital controls, a major terrorist attack on a financial center, and the failure of SWIFT are all events that can disrupt markets and are specifically mentioned as examples of market disruptions in the Model Code.

Which of the Following Would Not Constitute an Event of Market