Free 3I0-013 Exam Braindumps
ACI Operations Certificate Questions 161–165 (page: 34)

Updated On: 9-Feb-2026

How is the price of an interest rate swap (IRS) expressed?

  1. As an exchange rate
  2. As a cash flow
  3. As a margin added to the floating rate
  4. As an interest rate expressed in percentage terms

Answer(s): D



A "basis point", expressed as a percentage, is:

  1. 1%
  2. 0.01%
  3. 0.1%
  4. 0.0001%

Answer(s): B



Which of the following factors must be considered when making interbank EUR payments in RTGS systems between 17:00 CET and 18:00 CET with same day value?

  1. No special requirements need to be considered
  2. The receiver has to approve the transfer
  3. Interest has to be paid to the receiver
  4. The receiver is required to accept the payment amount

Answer(s): A



As to deal confirmations, who is your counterparty on futures contracts?

  1. The futures exchange itself
  2. The clearing house of the futures exchange
  3. Your broker
  4. The ISDA

Answer(s): B



What is the advantage of instantaneous matching?

  1. It gives the counterparty more time to cancel a deal
  2. It reduces errors and costs
  3. It gives front-office staff more time to process the payment orders
  4. It reduces the number of trades

Answer(s): B



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