Under the Model Code, if a broker shouts "done" or "mine" at the very moment a dealer shouts "off":
A) No deal is done and the broker should inform both counterparties accordingly.
B) The deal is done and the broker should inform both counterparties accordingly.
C) The matter should be resolved in consultation with senior management of the 3 institutions.
D) The ACI's Committee for Professionalism will investigate and advise accordingly.

Question

Quizplus · Accepted Answer

The Answer of Under the Model Code, if a broker shouts "done" or "mine" at the very moment a dealer shouts "off":
A) No deal is done and the broker should inform both counterparties accordingly.
B) The deal is done and the broker should inform both counterparties accordingly.
C) The matter should be resolved in consultation with senior management of the 3 institutions.
D) The ACI's Committee for Professionalism will investigate and advise accordingly.

Under the Model Code, If a Broker Shouts "Done" or "Mine