What are the three trade management guidelines?

The correct choice identifies three essential trade management guidelines focused on ensuring that a firm's trading processes are effectively structured, transparent, and properly documented.

Processes refer to the established procedures that guide the trading activities, ensuring consistency and adherence to regulatory requirements and internal policies. This includes the steps taken from trade initiation to execution and settlements.

Disclosures emphasize the importance of transparency in trading operations. It involves the communication of relevant information to stakeholders, including investors and regulatory bodies, about trading strategies, risks, and performance outcomes. This helps to build trust and maintain market integrity.

Record keeping encompasses the meticulous documentation of all trading activities. Its significance lies in providing a clear audit trail that allows for the review and analysis of past trades, ensuring compliance with regulations, and facilitating performance evaluation.

While other options mention critical aspects of trade management, they do not encapsulate the fundamental guidelines centered on managing trades effectively and ensuring ethical conduct in the trading process.