ACI Dealing Certificate 3I0-012 Question # 9 Topic 1 Discussion

ACI Dealing Certificate 3I0-012 Question # 9 Topic 1 Discussion

3I0-012 Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

When a stop-loss/profit order is taken, the rate specified in the order:


A.

must be transacted regardless of where the market moved


B.

must be transacted if a broker confirms that the specified rate was reached


C.

cannot be taken as a fixed-price guarantee unless agreed in writing


D.

will always be the stop loss rate, if the order is executed


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