3I0-013 Exam Dumps : ACI Operations Certificate challenging

To prevent that a failed order results in a failure to settle that day, which in turn would lead to an incompletely-reconciled account.

To facilitate the handling of complex security transactions.

In order to save data capacity in electronic archiving systems.

To anticipate the fact that clearing houses stop processing in the afternoon, whereas payment orders may still be processed until 6 p.m.

Profit GBP 240,000.00

Loss GBP 240,000.00

Profit USD 240,000.00

Loss USD 240,000.00

Has the obligation to convert his bond

Has the right to convert his bond

Must wait for the decision of the issuer if he wants to convert his bond

Has the obligation to convert the coupon into a variable or a fixed rate