Brokers should confirm all transactions:
A) Initially by fax or other acceptable electronic means, then in writing.
B) Only if the deal is between overseas counterparties and for value today.
C) Only if the transaction is not for a marketable amount.
D) To both counterparties immediately by fax or other acceptable electronic means.

Question

Quizplus · Accepted Answer

Brokers should confirm all transactions to both counterparties immediately by fax or other acceptable electronic means to ensure accuracy and prevent disputes.

Brokers Should Confirm All Transactions