Multiple Choice
Today, you sell GBP 5,000,000.00 to a customer against JPY for spot value. Tomorrow, the customer defaults. What is your exposure called?
A) Replacement risk
B) Settlement risk
C) Legal risk
D) Basis risk
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q299: Are the forward points significantly affected by
Q300: What is Funds Transfer Pricing in the
Q301: Confirmations of non-prime brokerage deals using CLS
Q302: Principals who enter into an interest rate
Q303: ACI's Committee for Professionalism will offer expert
Q305: It is now permissible in most markets
Q306: Where there are shared management responsibilities or
Q307: A dealer has indicated his intention of
Q308: All other things being equal the interest
Q309: If you sell USD 3-month forward to