3I0-013 Exam Questions

You take a EUR deposit on Monday, 13 February. Assuming there are no intervening bank holidays, what is the one-month maturity date?

What does"modified following business day convention"mean?

What does ISDA stand for?

What is volatility?

Which SWIFT message formats would you use for a foreign exchange confirmation and fixed money market confirmation, respectively?

When do you use a SWIFT message type 202?

In the unexpected event that a public holiday is declared on the date a particular contract matures, what is the normal market practice?

How are accounting entries usually generated?

What is a SWIFT message type 210?

What is done with counterparties'confirmations?

What is the purpose of"internal cash reconciliation"?

What information is essential for an interbank FX confirmation?

What is the most frequently used settlement process for securities?

Which of the following types of payment demands extra diligence and review procedures?

Which of the following best describes TARGET2?

What is a settlement date?

What is the main difference between TARGET and TARGET2?

Which of the following best describes the main benefit of the RTGS payment system?

A payment is made from Germany to a second Euro zone country. Which international payment system would normally be used?

What are the principal functionalities of interbank funds transfer systems?

Which of the following currencies is eligible for CLS settlement?

A message received and accepted by SWIFT will be acknowledged with:

Which of the following processes are offered by the CLS settlement system?

CHIPS is the name commonly used for the domestic clearing system in:

You have five outstanding amounts with five different values. Which of the following should be investigated first?

What is the primary role of the position-keeper in a dealing room?

What is an essential feature of nostro reconciliations?

You have two nostro accounts in USD, one account is long USD 5,000,000.00 and the other is short USD 5,000,000.00. What action should be taken to reconcile the accounts?

Which kind of report is a reconciliation system unable to produce?

What is the function of the cash positions keeper?

What is the most important feature of a brokerage reconciliation?

What is the first task of the cash positions keeper every day?

When completing a nostro reconciliation, what does an unresolved ledger credit signify?

What is a future nostro balances report?

The use of standard settlement instructions (SSI's) is strongly encouraged because:

Which of the following is a fundamental element or module in the"securities dealing and processing"part of a treasury system?

An input message for the SWIFT network is composed of up to which five parts?

How many characters does a BIC have? (UnderISO standard 9362: 2009)

Which of the following BIC-addresses belongs to a bank based in Germany?

Which of the following statements best describes collateral?

In the absence of his normal dealer contact, a counterparty calls the back office and asks the clerk for his opinion about how long his money should be placed on deposit. What acti...

A middle or back office clerk receives an FX ticket in which the counterparty is not clearly identified. What should he/she do?

Which risk factors fall under counterparty risk?

What are the three successive stages of money laundering?

You spot a rate discrepancy between you and your counterparty on a AUD/USD deal. The deal was traded direct. You refer the discrepancy to the dealer and he tells you to change the...

You have been given collateral. In which case would you be least concerned about insisting on a"haircut"?

You have just opened a position in EUR/USD that you run overnight. What risk is present?

A EUR based bank has a USD-convertible bond. What market risks are present?

For which of the following transactions are proper and completed bilateral master agreements considered essential prior to any dealing?

Most non deliverable forwards (NDFs) are cash-settled in: