ACI 3I0-010 Exam
3I0-010 ACI-Operations Certificate (Page 7 )

Updated On: 1-Feb-2026

What are the factors determining if a FX transaction can be settled through the CLS Bank?

  1. currency pair, price
  2. currency pair, counterparty, time
  3. currency pair, price, counterparty
  4. counterparty, price

Answer(s): B



The use of netting in foreign exchange dealings has increased because it reduces:

  1. the volume of confirmations that have to be sent to the counterparties
  2. foreign exchange dealing limits and the currency risk exposure of the banks
  3. the potential foreign exchange trading losses incurred by banks
  4. interbank payments, counterparty credit risk exposure, as well as the amount of capital allocated to foreign exchange activity

Answer(s): D



A dealer makes the following deals in EUR/USD:
Sells EUR 1,500,000.00 at 1.1160
Buys EUR 3,250,000.00 at 1.1142
Sells USD 2,229,600,00 at 1.1148
Buys USD 1,450,410.00 at 1.1157
What is the dealers position as a result of these trades?

  1. Short EUR 2,450,000.00 m at 1.1123
  2. Long EUR 2,450,000.00 at 1.1128
  3. Long EUR 2,000,000.00 at 1.1132
  4. Long EUR 2,450,000.00 at 1.1125

Answer(s): B



Your dealers have made the following deals in spot USD/JPY:
Sold USD 5,000,000.00 at 111.60
Bought USD 3,500,000.00 at 111.20
Bought USD 2,000,000.00 at 111.50
Sold USD 2,000,000.00 at 111.55
What is your position?

  1. Short USD 1,500,000.00 at 112.60
  2. Short USD 3,500,000.00 at 111.75
  3. Long USD 1,500,000.00 at 111.10
  4. Short USD 1,500,000.00 at 111.55

Answer(s): A



The term "tom next" is used to describe a swap for which period?

  1. tomorrow against spot
  2. today against tomorrow
  3. today against spot
  4. tomorrow against the day after spot

Answer(s): A



Viewing page 7 of 70
Viewing questions 31 - 35 out of 342 questions



Post your Comments and Discuss ACI 3I0-010 exam prep with other Community members:

Join the 3I0-010 Discussion