If a dealer has interest on one side, and the other side is dealt away, the broker should:
A) Immediately put the price "under reference" and check with the dealer to ascertain his original intention.
B) Cancel the order.
C) Continue with the order.
D) None of the above.

Question

Quizplus · Accepted Answer

If one side of the trade is dealt away and the dealer has an interest in the other side, the broker should immediately put the price "under reference" and check with the dealer to ascertain their original intention. This ensures that the dealer's intention is clear and avoids any potential misunderstandings or problems with the trade. Canceling the order or continuing with the order without clarification could lead to errors and potential losses. Therefore, option A is the best choice.

If a Dealer Has Interest on One Side, and the Other