最新的SUN ACI - Operations Certificate - 310-010免費考試真題

A. CLS eliminates the settlement risk but reduces operational efficiency

B. CLS reduces operational banking costs

C. CLS minimizes the settlement risk

D. CLS eliminates foreign exchange risk and thus increases bank profits on FX deals

A. Confirmations authenticate transactions to staff independent of the dealing room, as well as providing essential information regarding settlement.

B. Confirmations authenticate the transaction to the risk manager, as well as providing essential information regarding bilateral limits.

C. in order to have the exact mailing address of the counterparty when the confirmation is sent via mail

D. in order to authenticate the BIC-code of the counterparty when the confirmation is sent via SWIFT

A. refer the ticket to the nostro account manager for further instructions

B. immediately refer the ticket to the compliance officer

C. refer the ticket to the FX dealer for further details

D. keep the ticket in "stand-by mode" until a matching confirmation is received

A. paying agent

B. fiscal agent

C. market maker

D. purchase agent

A. expect a credit statement on your JPY nostro account on the near date

B. be required to obtain and execute the ICMA Master Agreement to document the transaction

C. need to instruct your USD nostro bank to pay out USD on the far date

D. anticipate no movement of principal, but a cash settlement on the far date

A. frequently purchased by issuers of floating rate debt

B. frequently purchased by issuers having an FX risk

C. frequently sold by issuers having an FX risk

D. frequently sold by issuers of floating rate debt

A. for a foreign exchange confirmation

B. for multiple general financial institution transfers

C. for a customer transfer

D. to confirm a general financial institution transfer

A. The price of the security; the role played by the broker; the commission, if any, that was charged and the security that was bought or sold

B. the price of the security; the role played by the broker

C. the price of the security

D. the price of the security; the role played by the broker; and the commission, if any, that was charged

A. the risk that the present value of a trade will be negative one day prior to value date

B. the loss incurred if the counterparty defaults

C. the risk that there is no liquid market at the exchange to close a trade

D. the risk that an OTC-derivative product cannot be closed before maturity

A. a report that starts with the net open position and runs off day by day to arrive at a zero balance

B. a list of the maturity of all deals per value date

C. a report that begins with a zero balance and at the end of the day, lists all FX deals by maturity

D. a report of outstanding securities transactions

A. the minimum price movement defined by the futures exchange

B. the maximum daily price change permissible on the futures exchange

C. the initial margin requirements at a futures exchange

D. a temporary suspension of trading at a futures exchange

A. no action is required

B. inform the central bank of their country

C. inform the compliance department

D. verify the identity of the person

A. a list of the final maturity of bonds per value date

B. an account of the possible fees to be paid

C. a report produced to show the anticipated balance on the account as a result of running off existing business

D. a comparison of the overdraft interest to be paid on different nostro accounts