Under the Model Code, if a broker shouts “done” or “mine” at the very moment...

Vendor: ACI
Product: 3I0-012
Update on: Jan 2, 2026
Questions: 740

ACI 3I0-012 Question Answer

Under the Model Code, if a broker shouts “done” or “mine” at the very moment a dealer shouts “off”:

No deal is done and the broker should inform both counterparties accordingly.

The deal is done and the broker should inform both counterparties accordingly.

The matter should be resolved in consultation with senior management of the 3 institutions.

The ACI’s Committee for Professionalism will investigate and advise accordingly.

ACI 3I0-012 Summary

Price: $52.5 ~~$149.99~~