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Question

bank b's price is shown by a broker to bank a and is dealt by bank a. if bank a wants to increase the amount of the transaction, what is good market practice according to the model code:

Accepted Answer

Bank A should go back to the broker .

Answer

Bank A can call Bank B directly.

Answer

Bank A should wait 10 minutes before calling Bank B.

Answer

Bank A cannot increase the amount.

Click on the Exhibit Button to view the Formula Sheet. Bank B's price is shown by a broker to Bank A and is dealt by Bank A. If Bank A wants to increase the amount of the transaction, what is good market practice according to the Model Code:

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