The Model Code's correct recommendation regarding electronic trading states:
A) Time stamps on e-trading platforms need to be internally and globally synchronised to ensure appropriate tracking of trades
B) All records should be archived and appropriate audit trails must be maintained as required by the local Central Bank
C) Regular tests for loss of access to external liquidity platforms but not loss of service to clients should be undertaken
D) Testing of the system's capability to cope with extreme volumes should be carried out annually

Question

Quizplus · Accepted Answer

Time stamps on e-trading platforms need to be internally and globally synchronized to ensure appropriate tracking of trades, which is crucial for transparency and accountability in electronic trading.

The Model Code's Correct Recommendation Regarding Electronic Trading States