Free 3I0-010 Exam Braindumps (page: 11)

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The "value date" is best described as:

  1. The date a trade is undertaken
  2. The date the fixing rate is agreed upon
  3. The date the settlement occurs
  4. The date confirmations are exchanged between counterparties

Answer(s): C



A "basis point", expressed as a percentage, is:

  1. 1%
  2. 0.01%
  3. 0.001%
  4. 0.0001%

Answer(s): B



What is the deadline for settling interbank spot-deals in EUR via the TARGET system?

  1. 10:00 CET
  2. 18:00 CET
  3. 12:00 CET
  4. 15:00 CET

Answer(s): B



Which clearing system allows a transfer to be settled with immediate finality?

  1. EAF
  2. EBA
  3. RTGS
  4. SWIFT

Answer(s): C






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