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ACI Operations Certificate challenging

Last Update 21 hours ago Total Questions : 386

The ACI Operations Certificate challenging content is now fully updated, with all current exam questions added 21 hours ago. Deciding to include 3I0-013 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our 3I0-013 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these 3I0-013 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any ACI Operations Certificate challenging practice test comfortably within the allotted time.

Question # 4

The clearing house of a financial futures exchange:

A.

Acts as counterparty to each buyer and seller

B.

Is responsible for market making

C.

Requires members to cover their commitments on a week-to-week basis

D.

Does not regulate trader’s activities

Question # 5

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?

A.

No special requirements need to be considered

B.

The receiver has to approve the transfer

C.

Interest has to be paid to the receiver

D.

The receiver is required to accept the payment amount

Question # 6

The yield of a 1 month FRN in EUR depends on

A.

The level of short-term EUR interest rates

B.

The level of medium-term EUR interest rates

C.

The slope of EUR yield curve

D.

The level of long-term EUR interest rates

Question # 7

Minimum reserves at the European Central Bank are:

A.

Never remunerated

B.

Remunerated at the EONIA rate

C.

Remunerated at the rate of the deposit facility

D.

Remunerated at the main refinancing rate

Question # 8

The purchase price of a coupon bond:

A.

Is higher than its face value if, and only if, its coupon rate is higher than its yield to maturity on the coupon date

B.

Is higher than its face value if, and only if, its coupon rate is lower than its yield to maturity on the coupon date

C.

Is lower than its face value if, and only if, its coupon rate is higher than its yield to maturity on the coupon date

D.

Is always higher than its face value

Question # 9

Which SWIFT message should be used to advise the netting position of a currency resulting from FX, NDF, options and other trades?

A.

MTn99

B.

MT300

C.

MT370

D.

MT670/671

Question # 10

What normally happens on the settlement date of a USD/TWD non deliverable forward (NDF)?

A.

Both currencies (USD and TWO) are exchanged

B.

The notional amount is paid out in USD

C.

A cash settlement is paid out in TVVD

D.

A cash settlement is paid out in USD

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