Within internal books and records, the recording of the trading book on a securities trade facilitates:
A. Reconciliation of settled positions, per trading book and per security - between the trading department and operations
B. Reconciliation of settled positions, per trading book and per security - between operations and the firm's custodian
C. Reconciliation of trading positions, per trading book and per security - between the firm's counterparty and the firm's custodian
D. Reconciliation of trading positions, per trading book and per security - between the trading department and operations
Answer:D
Within internal books and records, the recording of the trading book on a securities trade facilitates:
A. Reconciliation of settled positions, per trading book and per security - between the trading department and operations B. Reconciliation of settled positions, per trading book and per security - between operations and the firm's custodian C. Reconciliation of trading positions, per trading book and per security - between the firm's counterparty and the firm's custodian D. Reconciliation of trading positions, per trading book and per security - between the trading department and operations