3I0-012 Exam Dumps : ACI Dealing Certificate

Costs more than an ‘in-the-money’ call option

Costs less than an ‘out-of-the-money’ call option

Costs more than an ‘out-of-the-money’ call option

Costs the same as an ‘in-the-money’ put option

for a short length of time, usually 30 seconds

until the price has been taken “off” by the dealer

for a short length of time, typically a matter of seconds

for a minute or two

The practice of making a transaction subject to documentation is not regarded as good practice.

It urges dealers to be bear in mind that this is a common practice for capital market deals.

The Model Code does not comment on the matter.

It recommends that national ACI Associations deal with this issue according to their local customs.