Question

Which of the following information MUST be recorded on an unexecuted order ticket where the trade has been canceled?
I. Time of executionII. Time of receiptIII. Time of cancellationIV. Solicited or unsolicited
A. I and II onlyB. III and IV onlyC. II, III, IVD. I, II, III, IV

Answer 1

All the answer choices best applies to the given question the time of execution the time of receipt the time of cancellation solicited or unsolicited

Explanation:

If the trade has been cancelled there are many steps that are needed to be considered an the steps the follow are the time at which the ticket was executed

The time of receipt that is the time at which the receipt was issued must also be considered the cancellation of the ticket is also much required because it indicates the reason on which the ticket was cancelled

Finally it must be checked for solicitation weather it was on the day or not that is it must be checked for clarification