ACI 3I0-010 -Operations Certificate 3I0-010 Exam Questions in PDF

Free ACI 3I0-010 Dumps Questions (page: 8)

If an overnight EUR/USD FX swap is traded on Tuesday, 19 June, and there are no currency holidays during the week of June 18 22, what would be the value dates of the two swap legs?

  1. 18 June against 19 June
  2. 19 June against 20 June
  3. 20 June against 21 June
  4. 21 June against 22 June

Answer(s): B



The "value date" is best described as:

  1. The date a trade is undertaken
  2. The date the fixing rate is agreed upon
  3. The date the settlement occurs
  4. The date confirmations are exchanged between counterparties

Answer(s): C



A "basis point", expressed as a percentage, is:

  1. 1%
  2. 0.01%
  3. 0.001%
  4. 0.0001%

Answer(s): B



What is the deadline for settling interbank spot-deals in EUR via the TARGET system?

  1. 10:00 CET
  2. 18:00 CET
  3. 12:00 CET
  4. 15:00 CET

Answer(s): B



Which clearing system allows a transfer to be settled with immediate finality?

  1. EAF
  2. EBA
  3. RTGS
  4. SWIFT

Answer(s): C



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