One of the fastest ways to lose marks in the ACI Dealing Certificate exam is simple: You read the quote correctly… But you choose the wrong side. It’s rarely a knowledge problem. It’s a perspective problem. The exam assumes you instinctively understand: Who is the market maker Who is the client (price taker) Who is buying Who is selling Which side of the quote applies If you hesitate on any of those, you’re at risk. Let’s fix that properly. 1️⃣ How Examiners Frame Pricing Tra