ACI
3I0-012 · Question #351
3I0-012 Question #351: Real Exam Question with Answer & Explanation
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Question
What is settlement risk in FX?
Options
- AThe risk of failure of a payments or settlement system
- BThe risk that only one side of an exchange of currencies will be made
- CThe risk of payments `gridlock' in a real-time gross settlement system
- DThe risk that default by a counterparty before the value date means you have to replace the defaulted
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