One of your brokers asks you to buy and sell EUR/USD at the same price net of brokerage in order to allow him to clear a transaction.
A) You must have prior senior management approval.
B) You must have the authoritq to switch names.
C) You must execute such transactions as promptly as possible within policy guidelines
D) All of the above.

Question

Quizplus · Accepted Answer

All of the options given are necessary to execute such transactions. Prior senior management approval is required to ensure that the transactions are in line with company policy and regulations. The authority to switch names is necessary to prevent any conflicts of interest or market manipulation. The transactions should also be executed promptly within policy guidelines to minimize any potential market risk or impact.

One of Your Brokers Asks You to Buy and Sell