When a broker calls "off" at the very instant a dealer "hits" the broker's price:
A) The transaction should be concluded.
B) The broker decides whether or not the deal is done
C) ACI's Committee for Professionalism will decide wh
D) The transaction should not be concluded.

Question

Quizplus · Accepted Answer

In this situation, the broker calling "off" means they are not willing to proceed with the transaction at the price the dealer hit. Therefore, the transaction should not be concluded.

When a Broker Calls "Off" at the Very Instant a Dealer