ACI Dealing Certificate (#136)

Your broker quotes you EUR/USD at 1.3425-28. You respond by saying “yours”. Which one of the following statements is true?

You are committed to sell a marketable EUR amount unless the quote was for a specific amount.
You are committed to sell to the counterparty his full EUR amount subject to credit limits on the counterparty.
You are committed to sell EUR up to the amount permitted by your credit limits on the counterparty.
You are committed to sell a marketable USD amount unless the quote was for a specific amount.