CertsTopics Logo

Labour Day Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

3I0-013 Reviews Questions

Page: 13 / 14
Total 386 questions
Get 3I0-013 Full Access Download 3I0-013 PDF

ACI Operations Certificate challenging Questions and Answers

Question 49

When should discrepancies between front-office and back-office systems be resolved?

Options:

A.

By the end of the trading day

B.

On the next business day

C.

On the value date

D.

As soon as they become apparent

Question 50

The owner of a convertible bond:

Options:

A.

Has the obligation to convert his bond

B.

Has the right to convert his bond

C.

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

D.

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

Question 51

Which of the following trades involves replacement risk?

Options:

A.

The purchase of shares through Eurex Clearing (payment against delivery)

B.

The purchase of an OTC call option

C.

The taking of call money

D.

A long position in Bund futures

Question 52

For the third time in a month, a back office clerk has been questioned by one of his spot FX dealers about back office payment authorization and confirmation procedures. What should he/she do?

Options:

A.

He/she should report this to his/her supervisor

B.

He/she should respond to the questions

C.

He/she should avoid the dealer

D.

He/she should refuse to answer the questions

Page: 13 / 14
Total 386 questions
Get 3I0-013 Full Access Download 3I0-013 PDF