The process of confirming trades is a function that can be performed by:
A) any dealer as long as he/she is not a party to the trade
B) staff in the back-office/operations who are independent of the trade
C) staff in the dealing room who are not dealing
D) any staff outside the dealing room

Question

Quizplus · Accepted Answer

The process of confirming trades should be performed by staff in the back-office/operations who are independent of the trade. This ensures an objective and impartial confirmation process, reducing the likelihood of errors or fraud.

The Process of Confirming Trades Is a Function That Can