If a dealer has interest on one side, and the other side is dealt away, the broker should:
A) Immediately put the price "under reference" and ch
B) Cancel the order.
C) Continue with the order.
D) None of the above.

Question

Quizplus · Accepted Answer

If one side of the trade cannot be filled, the broker should immediately put the price "under reference" meaning that they will seek out other potential buyers or sellers to fill the other side of the trade before executing it. This ensures that the dealer does not take on too much risk by holding onto an unmatched position. Canceling the order or continuing with it without seeking other matches would not be in the best interest of the dealer.

If a Dealer Has Interest on One Side, and the Other