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ACI Dealing Certificate 3I0-012 Question # 281 Topic 6 Discussion

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ACI Dealing Certificate 3I0-012 Question # 281 Topic 6 Discussion

3I0-012 Exam Topic 6 Question 281 Discussion:
Question #: 281
Topic #: 6

Which one of the following statements about “CLS rescinds” is correct?


A.

CLS settlement members may rescind instructions unilaterally provided that the rescind messages reach the CLS Bank before the 00:00 CET deadline.


B.

CLS settlement members may rescind instructions unilaterally provided that the rescind messages reach the CLS Bank before the 06:30 CET deadline.


C.

CLS settlement members may rescind instructions bilaterally only if the rescind messages reach the CLS Bank before the 00:00 CET deadline.


D.

CLS settlement members may rescind instructions bilaterally only if the rescind messages reach the CLS Bank after the 06:30 CET deadline.


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