ACI
3I0-012 · Question #693
What is the value date of a 6-month outright forward FX transaction dealt today, if todays spot date is Monday, 30th June? Assume there are no bank holidays.
The correct answer is C. 31stDecember. See the full explanation below for the reasoning.
Question
What is the value date of a 6-month outright forward FX transaction dealt today, if todays spot date is Monday, 30th June? Assume there are no bank holidays.
Options
- A27th December
- B30th December
- C31stDecember
- D1st January
How the community answered
(37 responses)- A5% (2)
- B3% (1)
- C81% (30)
- D11% (4)
Community Discussion
No community discussion yet for this question.