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ACI

3I0-012 · Question #279

A USD deposit traded in London between two German banks is cleared:

The correct answer is C. In NewYork. See the full explanation below for the reasoning.

Question

A USD deposit traded in London between two German banks is cleared:

Options

  • AWherever the parties agree
  • BIn London
  • CIn NewYork
  • DIn Frankfurt

How the community answered

(60 responses)
  • A
    15% (9)
  • B
    2% (1)
  • C
    77% (46)
  • D
    7% (4)

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Full 3I0-012 Practice