Free 3I0-013 Exam Braindumps
ACI Operations Certificate Questions 151–155 (page: 32)

Updated On: 9-Feb-2026

What is the documentation in which the parties agree to the terms that will govern future transactions?

  1. Standard settlement instructions
  2. Netting agreement
  3. Terms of engagement
  4. Master agreement

Answer(s): B



Which of the following is considered a good practice in trade confirmation?

  1. Confirmations should be issued to non-front office personnel only
  2. All confirmations must be sent on the day following the trade date at the latest
  3. Multiple confirmations sent through different distribution channels reduce potential errors
  4. Counterparties should send confirmations, or positively affirm trades within 24 hours of the trade booking

Answer(s): B



Which of the following risks is best mitigated by CLS?

  1. Currency risk
  2. Operational risk
  3. Liquidity risk
  4. Settlement risk

Answer(s): D



Which of the statements about pricing on electronic trading platforms is incorrect?

  1. Market makers must ensure that their prices are adequate and appropriate for their trading style
  2. Prices must be posted with the clear intent to be tradable
  3. There need not be a clear and genuine intent to trade on each posted price
  4. Prices quoted should be firm unless clearly labeled as indicative

Answer(s): D



What guidelines does the Model Code provide concerning the practice in the interbank market of only one party to a transaction sending a written confirmation?

  1. It is only permissible in derivatives markets
  2. Both parties of a trade should send confirmations
  3. It is recommended
  4. It is only permissible when dealing value today

Answer(s): A



Viewing page 32 of 79
Viewing questions 156 - 160 out of 386 questions


Post your Comments and Discuss ACI 3I0-013 exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!