View all questions & answers for the 3I0-012 exam
You quote spot EUR/USD at 1.3023-26 in 5 to another bank. He says, “Take 5, could do 8”.
How much are you obliged to do?
Nothing, as he changed the terms of the deal
EUR 5,000,000.00
More than EUR 5,000,000.00, but a maximum of EUR 8,000,000.00
EUR 8,000,000.00
Submit