When can a broker consider a deal to be done?

Last Updated on January 29, 2022 by Admin 3

When can a broker consider a deal to be done?

  • if he is confident that the dealer will not back out of the deal
  • if both parties to the deal have established credit lines for each other
  • if one party to the deal acknowledges interest
  • if he receives acknowledgement from both the dealers involved
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