Bank B's price is shown by a broker to Bank A and is dealt by Bank A. If Bank A wants to increase the amount of the transaction, what is good market practice according to the Model Code:

Question

Quizplus · Accepted Answer

According to the Model Code, Bank A should go back to the broker to negotiate a larger transaction. Directly calling Bank B could be seen as attempting to bypass the broker and could be considered bad market practice. Waiting 10 minutes before calling Bank B is not mentioned as a requirement in the Model Code.

Bank B's Price Is Shown by a Broker to Bank