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In Order to Give a Price in EUR/USD, the Broker

Question 127

Multiple Choice

In order to give a price in EUR/USD, the broker must:


A) know whether the European Central Bank or the Federal Reserve is in the market before quoting
B) be sure that the quoting bank's prices are not shared with other brokers
C) get the price from a bank or a bid and an offer from different banks in order to make a two-way price, because the broker cannot make prices on his own
D) make sure that the quoting banks have sufficient credit lines

Correct Answer:

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