Free 3I0-013 Exam Braindumps (page: 23)

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Which one of the following statements regarding the segregation of duties in the confirmation process is incorrect?

  1. Front office staff should not be able to modify confirmations.
  2. The staff who confirm trades should be distinct from those who agree to and execute trades.
  3. The process of confirming trades should be done only by Operations staff.
  4. Only staff who agree to and execute trades should be permitted to modify any details of the written confirmation.

Answer(s): D



Which clearing system allows a transfer to be settled with immediate finality?

  1. EAF
  2. EBA
  3. RTGS
  4. SWIFT

Answer(s): A



In the Euro deposit markets, what is spot?

  1. Value one bank business day forward
  2. Value two bank business days forward
  3. Value one calendar day forward
  4. Value two calendar days forward

Answer(s): B



What is the deadline for settling interbank spot-deals in EUR via the TARGET2 system?

  1. 10:00 CET
  2. 18:00 CET
  3. 12:00 CET
  4. 15:00 CET

Answer(s): A






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