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In the Unforeseen Event That a Particular Maturity Date Is

Question 17

Multiple Choice

In the unforeseen event that a particular maturity date is declared a public holiday, what is normal market practice for spot FX? :


A) Extend the contract to the next business day
B) Shorten the contract to the previous business day
C) A new maturity date has to be agreed by the two pa
D) ACI's Committee for Professionalism decides on a c

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