A corporate client instructs you to make a USD payment to his account in London.
What two message types should you send?

Answer(s): A

In the unexpected event that a public holiday is declared on the date a particular contract matures, what is the normal market practice?

if that day is NOT the final trading day of the month, all contracts maturing on that day are extended to the next business day
if that day is NOT the final trading day of the month, all contracts maturing on that day are shortened to the preceding business day
all new maturity dates have to be agreed upon with the counterparties involved
decisions about the maturity dates of trading contracts are made by ACI's Committee for Professionalism on a case-by- case basis and must be adhered to

Answer(s): A