Once a prime-broker has matched and accepted a trade, separate confirmations must be exchanged between:
A) the prime-broker and the executing dealer only
B) the prime-broker and the executing dealer, and between the executing dealer and the client
C) the prime-broker and the executing dealer, and between the prime-broker and the client
D) the prime-broker and the client, and between the executing dealer and the client

Question

Quizplus · Accepted Answer

Separate confirmations are required between the prime-broker and the executing dealer, and between the prime-broker and the client. The executing dealer is not required to send a confirmation to the client, as this is the responsibility of the prime-broker.

Once a Prime-Broker Has Matched and Accepted a Trade, Separate