Final answer:
When a Registered Options Principal promptly signs the order ticket of a discretionary order, it indicates a quick review and approval of the transaction, ensuring compliance and proper oversight over decisions made by brokers on behalf of a client.
Step-by-step explanation:
When the Registered Options Principal (ROP) signs the order ticket of a discretionary order promptly, it means that the ROP reviews and approves the transaction quickly after it is initiated. Discretionary orders are those where the client has given authorization to a broker or trader to make decisions on the client's behalf regarding the trading of securities, including the decision to buy or sell, the selection of the security, and the determination of price and timing. Prompt signature by the ROP is a compliance requirement that ensures oversight and that the discretionary activity is within the bounds of the client's authorizations and suitable for their investment objectives and financial situation.