Self-Match Prevention is labeled as which term?

Prepare for the SIX Swiss Exam with our engaging quiz. Utilize multiple choice questions and flashcards with hints and explanations. Excel in your exam preparations with us!

Multiple Choice

Self-Match Prevention is labeled as which term?

Explanation:
Self-match prevention is about avoiding trades where a firm ends up trading against itself, i.e., the firm acting as both broker and counterparty. In SIX Swiss practice, such activities are categorized as principal transactions, and they’re labeled with a P- prefix to denote principal. That makes the term P-Principal transactions the correct label. Other options don’t fit because they don’t match this established designation for trades executed for the firm’s own account or the concept of preventing self-trades.

Self-match prevention is about avoiding trades where a firm ends up trading against itself, i.e., the firm acting as both broker and counterparty. In SIX Swiss practice, such activities are categorized as principal transactions, and they’re labeled with a P- prefix to denote principal. That makes the term P-Principal transactions the correct label. Other options don’t fit because they don’t match this established designation for trades executed for the firm’s own account or the concept of preventing self-trades.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy