3I0-012 Exam Questions

You have done the following deals in spot USD/JPY: Sold USD 5.0 million at 130.60 Bought USD 3.5 million at 130.20 Bought USD 2.0 million at 130.50 Sold USD 2.0 million at 130.55 W...

A broker can consider a deal as done if:

In the unforeseen event that a particular maturity date is declared a public holiday, what is normal market practice for spot FX?:

A bank that has quoted a firm price is obliged to deal:

What is Model Codes recommendation on the settlement of dirrerences by "points"?

Which of the following is true?

A dealer has been asked by a broker to go to an exclusive club for the third time in a week. He should:

The use of off-market rates is discouraged and should be permitted only:

Dealers are allowed to trade for their own account if:

When a stop-loss/profit order is taken, the rate specified in the order:

The use of mobile phones from within the dealing room for transacting business:

When a broker makes an error on payment instructions The Model Code recommends that

Under the Model Code, it a broker shouts "done" or "mine" at the very moment a dealer shouts "off":

Market participants should, where activity justifies it, aim to reduce settlement and related credit risk on currency transactions by:

What does the Model Code say about the responsibility of a broker in handling suspicious transactions?

A person who appears to be a technician asks for your help in accessing treasury systems as he has forgotten his list of access codes. The Model Code recommends:

One or your brokers asks you to buy and sell EUP/USD at the same price net of brokerage in order to allow him to clear a transaction.

It is up to the vendors of electronic dealing platforms to ensure that dealers are trained to use their systems.

When using legal documentation proposed modifications:

What are IMM dates?

What is the amount of the principal plus interest due at maturity on a 1-month (32-day) deposit of USD 50,000,000.00 placed at 0.37%?

Which of the following currencies is quoted on an ACT/360 basis in the money market?

Today's spot value date is the 30th of June. What is the maturity date of a 2-month EUR deposit deal today? Assume no bank holidays.

How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00 (principal plus interest) in 90 days?

From the following GBP deposit rates: 1M (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55% 4M (123-day) GBP deposits 0.65% 5M (153-day) GBP...

Which of the following is not a negotiable instrument?

Which of the following is a Eurocurrency deposit?

What is the maximum maturity of an unsecured USCP?

Which party usually takes an initial margin in a classic repo?

What are the primary reasons for taking an initial margin in a classic repo?

What happens when a coupon is paid on bond collateral during the term of a classic repo?

Click on the Exhibit Button to view the Formula Sheet, If GBP/USD is 1.5350-53 and USD/JPY is 106.50-53, what is GBP/JPY?

If spot GBP/CHF is quoted 2.3875-80 and the 3-month forward outright is 2.3660-70, what are the forward points?

Which one of the following formulae is correct?