You Are Quoting Forward FX Prices to a Broker Subject

question 150

Multiple Choice

You are quoting forward FX prices to a broker subject to finding a counterparty for a matching transaction. The Model Code says:

• A) You must tell the broker, who must qualify your qu
• B) For credit reasons, you must tell the broker when
• C) You cannot do this.
• D) The Model Code does not make recommendations on th

---

Definitions:

Temperature

A measure of the average kinetic energy of the particles in a substance, indicating how hot or cold the substance is.

Summer Evenings

Describes the period of the day after sunset during the summer months, often characterized by cooler temperatures and leisure activities.

Microeconomics

The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.

Macroeconomics

A branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, including unemployment, inflation, and economic growth.