How can quotes be entered?

How can quotes be entered?

• A. By market makers or liquidity providers, either bilateral (buy and sell) or unilateral (buy or sell only), via QTI
• B. By end customers only
• C. By automated risk engine only
• D. By external brokers only

Answer: (D)

The ability to enter quotes rests with external brokers because they are the authorized counterparties connected to the trading interface to post bids and offers on behalf of clients. This setup relies on broker-mediated quoting to ensure proper client attribution, regulatory compliance, and risk controls. End customers don’t post quotes directly, as that would bypass the broker-client relationship and the necessary checks. An automated risk engine isn’t used to place live quotes, since its role is to assess risk or simulate scenarios rather than to enter actual market quotes. Market makers or liquidity providers may contribute liquidity, but the system is designed for quotes to be submitted by external brokers, preserving governance and oversight.

The ability to enter quotes rests with external brokers because they are the authorized counterparties connected to the trading interface to post bids and offers on behalf of clients. This setup relies on broker-mediated quoting to ensure proper client attribution, regulatory compliance, and risk controls. End customers don’t post quotes directly, as that would bypass the broker-client relationship and the necessary checks. An automated risk engine isn’t used to place live quotes, since its role is to assess risk or simulate scenarios rather than to enter actual market quotes. Market makers or liquidity providers may contribute liquidity, but the system is designed for quotes to be submitted by external brokers, preserving governance and oversight.