ACI Dealing Certificate (#119)

You and a dealer at another bank have an informal bilateral reciprocal arrangement to quote each other two-way prices. During periods of high volatility, the other dealer refuses to quote to you. The Model Code states that

The other dealer should act with honour, honesty and integrity.
It is a purely matter for your two institutions.
Such arrangements are not in any way enforceable or binding.
All of the above.