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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:
Apr 4, 2025
Exam Status:
Stable
ACI 3I0-012

3I0-012: ACI-Financial Exam 2025 Study Guide Pdf and Test Engine

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ACI Dealing Certificate Questions and Answers

Question 1

What are de minimis claims?

Options:

A.

claims of less than USD 100.00

B.

claims of less than USD 1,000.00

C.

claims of less than EUR 100.00

D.

claims of less than EUR 1,000.00

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Question 2

A bank quotes 3-month EUR deposits at 0.45% ¡ª 0.55% to its broker. The broker lifts the bank’s offer at 0.55%. Which of the following steps must the broker take?

Options:

A.

The broker must show the borrower’s name to the lender first and disclose the lender’s name only if the borrower is acceptable to the lender.

B.

The broker must show the lender’s name to the borrower first and disclose the borrower’s name only if the lender is acceptable to the borrower.

C.

The broker must show the borrower’s and lender’s names to each other at the same time.

D.

For marketing reasons, the broker can show the lender’s name to the borrower at any time.

Question 3

Which of the following statements is true? The repo legal agreement between the two parties concerned should:

Options:

A.

detail the rights of counterparties regarding the substitution of collateral

B.

include named securities permitted to be traded

C.

be bi-laterally signed by both dealers involved in any transaction

D.

need not be in place before any deals are executed or finalized