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shirley_hd · 2020年02月14日

问一道题:NO.PZ2020020202000015

问题如下:

While the buy-side trader executes the BYYP trade, Harding and Yellow review ValleyRise’s trade policy document. After reviewing the document, Yellow recommends several changes: 1) add a policy for the treatment of trade errors; 2) add a policy that ensures over-the-counter derivatives are traded on venues with rules that ensure minimum price transparency; and 3) alter the list of eligible brokers to include only those that provide execution at the lowest possible trading cost.

As it relates to the trade policy document, ValleyRise should implement Yellow’s recommendation related to:

选项:

A.

the list of eligible brokers.

B.

a policy for the treatment of trade errors.

C.

a policy for over-the-counter derivatives trades.

解释:

B is correct.

Firms should have a policy in place for the treatment of trade errors. Errors from trading and any resulting gains/losses need to be disclosed to a firm’s compliance department and documented in a trade error log. The trade error log should include any related documentation and evidence that trade errors are resolved in a way that avoids adverse impact to the client.

这道题考的是哪个知识点呢?

1 个答案
已采纳答案

吴昊_品职助教 · 2020年02月14日

这道题的考点是trade policy,知识点本身不是特别重要,了解一下即可。以下是原版书的截图。

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