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.
Q. As it relates to the trade policy document, ValleyRise should implement Yellow’s recommendation related to:
- the list of eligible brokers.
- a policy for the treatment of trade errors.
- a policy for over-the-counter derivatives trades.
关于交易治理这道题麻烦老师再解释下
