What Is the Meaning of "Under Reference" in the Terminology

question 224

Multiple Choice

What is the meaning of "under reference" in the terminology of trading?

• A) a term the quoting dealer uses to caution the receiver of the quote that the price may have to be re-quoted at the receiver's risk
• B) the qualification that the rate quoted in the market may no longer be valid and requires confirmation before any trades can be agreed upon
• C) the statement that the rates quoted by the broker are for indication only
• D) an acknowledgement by the dealer receiving the quote that the rate may have to be re-quoted at the receiver's risk

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Definitions:

Motor

Pertaining to movements or mechanisms driven by muscles, referring to the nervous system components that initiate and control physical actions.

Light

Electromagnetic radiation visible to the human eye, essential for human vision and photosynthesis in plants.

Revolving Nosepiece

Part of a microscope that holds the objectives and can be rotated to change magnification.

Objective Lens

The lens in a microscope closest to the specimen, which magnifies the image of the specimen.