Dealers Are Allowed to Trade for Their Own Account Only

question 485

Multiple Choice

Dealers are allowed to trade for their own account only if:

• A) they have good track records in dealing both for their institution and for themselves
• B) there have been no previous conflicts of interest in the dealing room
• C) there is a clearly defined and written policy about the matter
• D) the dealers see no conflict of interest in such dealing

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Definitions:

Frequency Theory

A theory in hearing that suggests the frequency of the auditory nerve's impulses corresponds to the frequency of a sound wave, affecting the pitch we perceive.

Visual Perception

The capability to understand the immediate surroundings through the analysis of information found in visible light.

Sensory Impressions

Perceptions or feelings resulting from the stimulation of the senses, including sight, sound, smell, touch, and taste.

Middle Ear

The portion of the ear internal to the eardrum, and external to the oval window of the cochlea, containing the three auditory ossicles.