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When a deal is done via a broker:

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When a deal is done via a broker:

A.

it need not be confirmed between the counterparties as the broker confirms it immediately with both counterparties

B.

it should also be confirmed directly between the two counterparties

C.

it is important to note that broker confirmations are bilateral confirmations between the principals of the trade

D.

the dealer should obtain acknowledgement that the deal has been agreed to but may assume agreement to the trade in the absence of such acknowledgement

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