Confirmations must be sent out:
A) Immediately after the deal is done.
B) As quickly as possible after the deal is done.
C) By electronic media only, e.g. fax, telex.
D) Not later than the value date of the first leg of

Question

Quizplus · Accepted Answer

Confirmations should be sent out as quickly as possible after the deal is done, but not necessarily immediately. Electronic media such as email can be used, but fax and telex are no longer commonly used. The value date of the first leg of the transaction is irrelevant to the timing of confirmation.

Confirmations Must Be Sent Out