A) the tenth of the following months: March, June, September and December B) the third Wednesday of January, April, July and October C) the Monday before the third Wednesday of March, June, September and December D) the third Wednesday of March, June, September and December A) the tenth of the following months: March, June, September and December B) the third Wednesday of January, April, July and October C) the Monday before the third Wednesday of March, June, September and December D) the third Wednesday of March, June, September and December

Exam 2: ACI Dealing Certificate-Part B

You sold a JPY 500,000,000 1x12 FRA at 0.35%. The settlement rate is 11-month (334-day) JPY LIBOR, which is fixed at 0.4450%. What is the settlement amount at maturity?

(Multiple Choice)

4.9/5

(40)

Question 541

Which of the following are quoted in terms of a discount rate?

(Multiple Choice)

4.9/5

(33)

Question 542

If I say that I have "bought and sold" EUR/USD in an FX swap, what have I done?

(Multiple Choice)

4.9/5

(41)

Question 543

When using legal documentation proposed modifications:

(Multiple Choice)

4.9/5

(39)

Question 544

Your GBP/CHF rate is 1.3710-15. How many GBP would your customer have to give you to buy CHF 10,000,000.00?

(Multiple Choice)

4.8/5

(38)

Question 545

Basis risk on a futures contract is:

(Multiple Choice)

4.8/5

(31)

Question 546

The Model Code rules that deals at non-current rates:

(Multiple Choice)

4.9/5

(41)

Question 547

What does the Model Code advise regarding the taping of telephone conversations?

(Multiple Choice)

4.8/5

(38)

Question 548

Banks have a fiduciary responsibility to ensure that clients have all necessary information to understand the transaction because this:

(Multiple Choice)

4.8/5

(44)

Question 549

Which of the following may pay a return as a mix of income and capital/gain loss?

(Multiple Choice)

4.8/5

(37)

Question 550

Which of the following currencies is quoted on an ACT/360 basis in the money market?

(Multiple Choice)

4.8/5

(29)

Question 551

Management policy on the use of mobile devices by trading sales and settlement staff should:

(Multiple Choice)

4.8/5

(38)

Question 552

What are 1MM dates?

(Multiple Choice)

4.9/5

(39)

Question 553

What is the purpose of a short straddle option strategy?

(Multiple Choice)

4.9/5

(37)

Question 554

Regarding access to production systems, which of the following is incorrect?

(Multiple Choice)

5.0/5

(41)

Question 555

If spot NZD/CHF is quoted to you as 0.7406-09. How many NZD would you receive in exchange for CHF 5,000,000.00 if you dealt on the price?

(Multiple Choice)

4.9/5

(37)

Question 556

If the duration gap is zero, how will a small parallel shift in interest rates affect the market value of the bank's equity?

(Multiple Choice)

5.0/5

(43)

Question 557

The Chairman and members of the ACls Committee for Professionalism are ready to assist in resolving disputes through the ACIs Expert Determination Service in situations where:

(Multiple Choice)

4.9/5

(41)

Question 558

If a 12-month AUD/NZD swap is quoted 53/47, which of the following statements would you consider to be correct?

(Multiple Choice)

4.7/5

(43)

Question 559

If EUR/USD is quoted to you as 1.1050-53, does this price represent?

(Multiple Choice)

4.9/5

(41)

Question 560

Showing 541 - 560 of 620

You sold a JPY 500,000,000 1x12 FRA at 0.35%. The settlement rate is 11-month (334-day) JPY LIBOR, which is fixed at 0.4450%. What is the settlement amount at maturity?

Which of the following are quoted in terms of a discount rate?

If I say that I have "bought and sold" EUR/USD in an FX swap, what have I done?

When using legal documentation proposed modifications:

Your GBP/CHF rate is 1.3710-15. How many GBP would your customer have to give you to buy CHF 10,000,000.00?

Basis risk on a futures contract is:

The Model Code rules that deals at non-current rates:

What does the Model Code advise regarding the taping of telephone conversations?

Banks have a fiduciary responsibility to ensure that clients have all necessary information to understand the transaction because this:

Which of the following may pay a return as a mix of income and capital/gain loss?

Which of the following currencies is quoted on an ACT/360 basis in the money market?

Management policy on the use of mobile devices by trading sales and settlement staff should:

What are 1MM dates?

What is the purpose of a short straddle option strategy?

Regarding access to production systems, which of the following is incorrect?

If spot NZD/CHF is quoted to you as 0.7406-09. How many NZD would you receive in exchange for CHF 5,000,000.00 if you dealt on the price?

If the duration gap is zero, how will a small parallel shift in interest rates affect the market value of the bank's equity?

The Chairman and members of the ACls Committee for Professionalism are ready to assist in resolving disputes through the ACIs Expert Determination Service in situations where:

If a 12-month AUD/NZD swap is quoted 53/47, which of the following statements would you consider to be correct?

If EUR/USD is quoted to you as 1.1050-53, does this price represent?

ACI Dealing Certificate-Part A

Filters