What does the Model Code recommend in respect of prices and orders made on electronic trading platforms?
A) They must be posted with a clear intent to be tradable.
B) They must be identified as indicative rates only.
C) They must be posted subject to later credit line approval.
D) They need not be posted in an appropriate trading style.

Question

Quizplus · Accepted Answer

The Model Code recommends that prices and orders made on electronic trading platforms must be posted with a clear intent to be tradable. This means that the prices and orders posted should reflect the actual market conditions, and not be used to mislead other market participants.

What Does the Model Code Recommend in Respect of Prices