ACI Dealing Certificate 3I0-012 Question # 422 Topic 21 Discussion

ACI Dealing Certificate 3I0-012 Question # 422 Topic 21 Discussion

3I0-012 Exam Topic 21 Question 422 Discussion:
Question #: 422
Topic #: 21

What needs to be done in the event that a trade is amended by one or both parties?


A.

A new confirmation should be generated by both parties but there is no need to restart the confirmation cycle.


B.

The amending party should verbally inform the other party.


C.

A new confirmation should be generated and the confirmation cycle should restart and continue until the trade is completely matched by both parties.


D.

A new confirmation need not be generated but the confirmation cycle must restart and continue until the trade is completely matched by both parties.


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