Which of the Following Statements Is True? the Repo Legal

question 232

Multiple Choice

Which of the following statements is true? The repo legal agreement between the two parties concerned should:

• A) detail the rights of counterparties regarding the substitution of collateral
• B) include named securities permitted to be traded
• C) be bi-laterally signed by both dealers involved in any transaction
• D) need not be in place before any deals are executed or finalized

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