Free 3I0-013 Exam Braindumps (page: 21)

Page 20 of 97

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

  1. The flat ECB marginal lending facility rate
  2. The ECB marginal lending facility rate plus 25 b.p.
  3. The average of each day’s EONIA rate minus 25 b.p.
  4. 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:

  1. The issuer of a payment for the relevant trade distinct from the counterparty
  2. The issuer of a payment for the relevant trade identical to the counterparty
  3. The recipient of a payment for the relevant trade distinct from the counterparty
  4. The recipient of a payment for the relevant trade identical to the counterparty

Answer(s): C



How frequently should business contingency procedures be tested and updated?

  1. Quarterly tests/updates as needed
  2. At least every second year
  3. Half-yearly tests / yearly updates
  4. At least yearly

Answer(s): D



Which of the following types of institutions do not generally make up the “buy side”?

  1. Corporateand governments
  2. Asset managers and insurance firms
  3. Retail banks and commercial banks
  4. Mutual and hedge funds

Answer(s): C






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