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ACI 3I0-012 Exam With Confidence Using Practice Dumps

Exam Code:
3I0-012
Exam Name:
ACI Dealing Certificate
Certification:
Vendor:
Questions:
740
Last Updated:
Nov 21, 2024
Exam Status:
Stable
ACI 3I0-012

3I0-012: ACI-Financial Exam 2024 Study Guide Pdf and Test Engine

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ACI Dealing Certificate Questions and Answers

Question 1

The outright forward FX rate is not a function of which of the following?

Options:

A.

The interest rates of the two currencies

B.

The spot exchange rate

C.

Thedaycount

D.

Market expectation

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Question 2

What steps will the CFP of the ACI probably not undertake after having been formally notified by one of the parties of a breach of the letter or spirit of the Model Code?

Options:

A.

consult the local ACI national association

B.

bring the matter to the appropriate court of justice

C.

examine the complaint

D.

bring the matter to the attention of the appropriate regulatory body

Question 3

Today, you sold 10 December EURODOLLAR futures contracts at 99.50. The closing price is fixed by the exchange at 99.375. What variation margin will be due?

Options:

A.

You will have to pay USD 312.50

B.

You will receive USD 312.50

C.

You will have to pay USD 3,125.00

D.

You will receive USD 3,125.00