Deals transacted directly or via a broker prior to 5:00 am Sydney time on Monday morning:
A) are invalid
B) must be approved by senior management before confirmation
C) cannot be entered into without the approval of the local regulator
D) are not considered to have been done in normal conditions or normal market hours

Question

Quizplus · Accepted Answer

Deals transacted prior to 5:00 am Sydney time on Monday morning are considered to be outside of normal market hours and conditions. This may affect the price and availability of securities at that time, making such deals less reliable indicators of market conditions.

Deals Transacted Directly or Via a Broker Prior to 5:00