What recommendation does the Model Code make to banks accepting a stop-loss order?
A) The Model Code emphasizes the importance of clear, concise documentation and on-going lines of communication.
B) Bank management must guarantee a fixed price execution to the counterparty.
C) The Model Code recommends that only experienced dealers should be allowed to take such orders.
D) Bank staff must secure the approval of the counterparty's management to accept such orders.

Question

Quizplus · Accepted Answer

The Model Code emphasizes the importance of clear, concise documentation and ongoing lines of communication to ensure that all parties understand the terms and conditions of the stop-loss order.

What Recommendation Does the Model Code Make to Banks Accepting