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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

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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Question 2

You are in the pub with a friend who works for another financial institution. The friend asks you for information about a mutual customer's forward foreign exchange dealing volumes. What should you do?

Options:

A.

Tell him all you know

B.

Tell him nothing

C.

Give him some of the information because the deal involves a mutual customer

D.

Tell him you will investigate and get back to him with the information

Question 3

A "basis point", expressed as a percentage, is:

Options:

A.

1%

B.

0.01%

C.

0.1%

D.

0.0001%