Free 3I0-013 Exam braindumps download (3I0-013 exam dumps Free)

In trade confirmation, which one of the following statements about “matching” is correct?

Matching should be performed by no later than the day after trading day
Matching processes are manual and may not be automated
Matching should be performed as soon as possible upon receipt of the confirmation
Confirmation matching should be a post-settlement workflow activity

Answer(s): C

Which interest rate is to be applied in the calculation methodology for back-valuations in EUR?

The flat ECB marginal lending facility rate
The ECB marginal lending facility rate plus 25 b.p.
The average of each day’s EONIA rate minus 25 b.p.
The average of each day’s EONIA rate plus 25 b.p. unless that is higher than the ECB marginal lending facility rate

Answer(s): D

In FX trading a “third party beneficiary” is best described as:

The issuer of a payment for the relevant trade distinct from the counterparty
The issuer of a payment for the relevant trade identical to the counterparty
The recipient of a payment for the relevant trade distinct from the counterparty
The recipient of a payment for the relevant trade identical to the counterparty

Answer(s): C