What needs to be done in the event that a trade is amended by one or both parties?
A) A new confirmation should be generated by both parties but there is no need to restart the confirmation cycle.
B) The amending party should verbally inform the other party.
C) A new confirmation should be generated and the confirmation cycle should restart and continue until the trade is completely matched by both parties.
D) A new confirmation need not be generated but the confirmation cycle must restart and continue until the trade is completely matched by both parties.

Question

Quizplus · Accepted Answer

In the event that a trade is amended by one or both parties, a new confirmation should be generated and the confirmation cycle should restart and continue until the trade is completely matched by both parties. This ensures that both parties are aware of the new terms and the trade is accurately reflected in the system.

What Needs to Be Done in the Event That a Trade