Atrader has promised a block of municipal bonds "out firm with an immediate recall" to broker a. shortly afterward, the trader receives an order from broker b at another firm. what is the appropriate manner in which the trader should handle this scenario?
[a] the trader should contact broker a and solicit a bid for the bonds in question.
[b] the trader should send a "fill or kill" to broker a immediately.
[c] the trader should await an order from broker a with no immediate action.
[d] the trader should confirm the bonds to broker b as no contact with broker a is necessary.
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Atrader has promised a block of municipal bonds "out firm with an immediate recall" to broker a. sho...
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