Bank XYZ calls you for a quote in EUR/USD for EURO 20 million. If you decide to quote to Bank XYZ:
A) You must be prepared to deal up to EUR 20 million.
B) You may quote without stating the amount you are p
C) You are only committed to deal in a marketable amo
D) None of the above.

Question

Quizplus · Accepted Answer

When quoting a price in the foreign exchange market, you must be prepared to deal the full amount requested, in this case, EUR 20 million.

Bank XYZ Calls You for a Quote in EUR/USD for EURO