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)- A4% (1)
- B4% (1)
- C83% (19)
- D9% (2)
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