ACI
3I0-012 · Question #473
Which of the following functions does a to-party repo agent not perform?
The correct answer is D. It participates in the risk of transactions if one of the parties defaults. See the full explanation below for the reasoning.
Question
Which of the following functions does a to-party repo agent not perform?
Options
- AIt checks the eligibility and sufficiency of collateral
- BIt can impose an initial margin on behalf of the buyer and manages margin calls
- CIt manages substitution of collateral on behalf of the seller
- DIt participates in the risk of transactions if one of the parties defaults
How the community answered
(42 responses)- A10% (4)
- B5% (2)
- C2% (1)
- D83% (35)
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