You spot a rate discrepancy between you and your counterparty on a AUD/USD deal. The deal was traded direct. You refer the discrepancy to the dealer and he tells you to change the rate. What should you do?
Answer(s): C
You have been given collateral. In which case would you be least concerned about insisting on a “haircut”?
You have just opened a position in EUR/USD that you run overnight. What risk is present?
Answer(s): D
A EUR based bank has a USD-convertible bond. What market risks are present?
Answer(s): B
For which of the following transactions are proper and completed bilateral master agreements considered essential prior to any dealing?
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