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3I0-013 Exam Dumps : ACI Operations Certificate challenging

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ACI Operations Certificate challenging Questions and Answers

Question 1

The price of a zero coupon, maturing in 2 years, is

Options:

A.

Always close to 100%

B.

Above 100%

C.

Below 100%

D.

Always precisely 100%

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Question 2

If a trade is to settle in a CCP or CLS:

Options:

A.

The parties may agree verbally not to exchange confirmations

B.

A party can unilaterally eliminate confirmations for these trades

C.

It is left to the discretion of each party to send a confirmation or not

D.

The parties may agree in writing not to exchange confirmations

Question 3

Which of the following is the primary responsibility of an Operations Department?

Options:

A.

Writing the deal ticket

B.

Arranging the delivery of currency payments

C.

Checking the availability of counterparty limits

D.

Agreeing on the FX rate with the counterparty's middle office