Dealers are allowed to trade for their own account if:
A) The dealers have good track records in their dealing both for the institution and for themselves.
B) There has been no previous conflicts of interest in the dealing room.
C) There is a clearly laFd down policy.
D) The dealers see no conflict of Interest in such dealing.

Question

Quizplus · Accepted Answer

It is important to have a clearly laid down policy regarding dealers trading for their own account in order to prevent any conflicts of interest and ensure transparency in the dealing room. Even if dealers have a good track record and see no conflict of interest, a clear policy is necessary to ensure fair practices. The other options may be important factors to consider, but having a policy is essential.

Dealers Are Allowed to Trade for Their Own Account If