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ACI

3I0-012 · Question #451

When is your settlement risk greatest on a spot FX deal?

The correct answer is C. After you make an irrevocable payment. See the full explanation below for the reasoning.

Question

When is your settlement risk greatest on a spot FX deal?

Options

  • AToday
  • BTomorrow
  • CAfter you make an irrevocable payment
  • DOn the spot value date

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    4% (1)
  • C
    83% (19)
  • D
    9% (2)

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