In Interbank Trading, If a Dealer Is Calling "Off" at the Same

question 599

Multiple Choice

In interbank trading, if a dealer is calling "off" at the same time as the broker is hitting a price:

• A) no transaction should be concluded and the broker should inform both counterparties accordingly
• B) a transaction should be concluded and the broker should inform both counterparties accordingly
• C) the dealer has the choice of either concluding the transaction or not
• D) the broker decides whether the transaction should be concluded or not

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Definitions:

Optic Nerve

The nerve that transmits visual information from the retina to the brain.

Facial Expressions

The movements of the facial muscles that convey the emotional state of an individual to observers.

Drive-Reduction

A motivational theory suggesting that the primary purpose of behavior is to reduce drives or needs, thereby returning the organism to a state of homeostasis or balance.

Biological Needs

Fundamental requirements that organisms need to maintain life, such as food, water, air, and shelter, which are essential for survival and physiological functioning.