ACI
3I0-012 · Question #139
What happens if an instruction remains unmatched and/or unsettled through CLS Bank?
The correct answer is C. If there is more than one FX trade with a single counterparty to settle in the identical currencies, then. See the full explanation below for the reasoning.
Question
What happens if an instruction remains unmatched and/or unsettled through CLS Bank?
Options
- AIf there is more than one FX trade with a single counterparty to settle in the identical currencies, then
- BIf there is only one FX trade with a single counterparty to settle in the identical currencies, then either
- CIf there is more than one FX trade with a single counterparty to settle in the identical currencies, then
- DIf there is more than one FX trade with a single counterparty to settle in the identical currencies, then
How the community answered
(23 responses)- A4% (1)
- B4% (1)
- C78% (18)
- D13% (3)
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