ACI Operations Certificate challenging - 3I0-013 Free Exam Questions

A. A CFD (contract for difference)

B. An asset swap

C. A securities lending

D. A repo

A. The cut-off time for TARGET2 is 20:00 (8.00 p.m.) CET, whereas the cut-off time for TARGET was 18:00(6.00 p.m.) CET

B. Finland did not participate in TARGET but it does participate in TARGET2

C. TARGET2 runs on a single shared technicalplatform whereas TARGET did not

D. TARGET2 processes payment orders denominated in EUR as well as USD

A. There are no more than two participants involved in the netting process

B. There is a central clearing house

C. No legal entity is required

D. There is no redistribution of default risk

A. US Treasury Note

B. ECP

C. FRA

D. Certificate of Deposit (CD)

A. NAK

B. NOK

C. ACK

D. PAC

A. Daily fixing of EUR interest rates in London

B. Arate used for the settlement of USD FRAs between European counterparties

C. Daily fixing of EUR interest rates within the EMU zone

D. The official successor to LIBOR rates

A. The settlement amount is always calculated using the redemption price.

B. If the yield and the coupon are exactly the same, the settlement amount and the face value will be identical.

C. On a coupon date, if the bond quotes at par, the settlement amount and the face value will be identical.

D. The settlement amount is the sum of the redemption value plus all coupons paid by the issuer.

A. 30 March

B. 28 March

C. 31 March

D. 29 March

A. CME Group, Chicago

B. Monte Titoli, Milano

C. Western Union

D. Eurocontrol, Brussels

A. 180 days < 365 days

B. 30 days < 360 days

C. 1 day < 365 days

D. 360 days < 5 years

A. The Czeck Republic and the United Kingdom

B. Denmark and Finland

C. Latvia and Lithuania

D. Bulgaria and Romania