Exam Code: 3I0-012
Exam Name: ACI Dealing Certificate
Updated:
Q&As: 740
At Passcerty.com, we pride ourselves on the comprehensive nature of our 3I0-012 exam dumps, designed meticulously to encompass all key topics and nuances you might encounter during the real examination. Regular updates are a cornerstone of our service, ensuring that our dedicated users always have their hands on the most recent and relevant Q&A dumps. Behind every meticulously curated question and answer lies the hard work of our seasoned team of experts, who bring years of experience and knowledge into crafting these premium materials. And while we are invested in offering top-notch content, we also believe in empowering our community. As a token of our commitment to your success, we're delighted to offer a substantial portion of our resources for free practice. We invite you to make the most of the following content, and wish you every success in your endeavors.
Experience Passcerty.com exam material in PDF version.
Simply submit your e-mail address below to get started with our PDF real exam demo of your ACI 3I0-012 exam.
Instant download
Latest update demo according to real exam
When considering interest rate risk in the banking book, retail demand deposits without fixed contractual maturity:
A. should be assumed to have zero duration
B. should be treated like other instantly variable rate liabilities, such as overnight money market borrowing.
C. should be assumed to have a low correlation with money market reference rates
D. represent a minor contributor to interest rate risk and can safely be disregarded
If you sell forward USD to a client against EUR, what is the first thing you should do to cover your exposure to exchange rate movements?
A. Sell and buy USD in the FX swap market
B. Sell USD in the spot market
C. Buy USD in the spot market
D. Buy and sell USD in the FX swap market
In all dealing conversations, the Model Code strongly recommends:
A. Dealers stick to market terminology in order to avoid the impression that they are offering an advisory or fiduciary role.
B. Dealers clarity what is being proposed rather than using any terminology that could be misinterpreted.
C. Dealers restrict themselves to terminology listed and explained in Chapter 11 of the Model Code.
D. Dealers define complex terminology in the confirmation of a deal.
What does the Model Code say about the responsibility of a broker in handling suspicious transactions?
A. Suspicious transactions should be reported by the principals.
B. Brokers need to make staff aware of the problem and exercise vigilance.
C. A broker should report any suspicions about a transaction to the other counterparty.
D. Brokers should advise clients to reject the name.
What are IMM dates?
A. The 10th of March, June, September and December.
B. The third Wednesdays of January, April, July and October.
C. The Mondays before the third Wednesdays of March, June, September and December.
D. The third Wednesdays of March, June, September and December.
Viewing Page 1 of 3 pages. Download PDF or Software version with 740 questions