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What proof can bidder request from a trading member or a syndicate member for entering bids?

April 26, 2017bids entering proof request syndicate trading

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What proof can bidder request from a trading member or a syndicate member for entering bids?

1 Answer

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The syndicate member returns the counterfoil with the signature, date and stamp of the syndicate member. The investor can retain this as a sufficient proof that the bids have been taken into account.