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3I0-013 Exam Dumps : ACI Operations Certificate challenging

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ACI Operations Certificate challenging Questions and Answers

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Question 1

Which of the following currencies is eligible for CLS settlement?

Options:

A.

ZAR

B.

TRY

C.

MYR

D.

CNY

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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 processes are offered by the CLS settlement system?

Options:

A.

The close-out process

B.

The customer matching process

C.

The settlement process

D.

The securities lending process

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