CISI UAE Financial Rules and Regulations Exam UAE-Financial-Rules-and-Regulations Question # 9 Topic 1 Discussion

CISI UAE Financial Rules and Regulations Exam UAE-Financial-Rules-and-Regulations Question # 9 Topic 1 Discussion

UAE-Financial-Rules-and-Regulations Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

In cases where securities are bought and sold during the same trading session, the client must have in its cash account enough:


A.

credit to cover the value of purchase


B.

credit to cover the value of sale


C.

credit to cover the value of any losses


D.

securities to the value of purchase


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