Free 3I0-010 Exam Braindumps (page: 9)

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The difference between the bid and the offer rate of a money market quotation is called:

  1. the margin
  2. the spread
  3. the variation
  4. the premium

Answer(s): B



Who is responsible for producing the Model Code?

  1. the Federation of Bankers Associations
  2. the International Foreign Exchange Market Practices Committee
  3. the G7 Committee of Central Banks
  4. ACI - The Financial Markets Association

Answer(s): D



According to ISDA definitions, if an USD IRS payment is due value Saturday, 31 May and the documentation states that the "modified business day convention" will be used, what value date should be applied to the payment?

  1. Saturday, 31 May
  2. Tuesday, 3 June
  3. Monday, 2 June
  4. Friday, 30 May

Answer(s): D



Which action results in the highest STP-Rate?

  1. the daily reconciliation of nostro accounts
  2. the use of a Continuous Linked Settlement
  3. the use of internal limits regulations such as counterparty limits and country limits
  4. a trade confirmation check

Answer(s): B






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