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3I0-013 · Question #16

3I0-013 Question #16: Real Exam Question with Answer & Explanation

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Question

Which of the following best describes TARGET2?

Options

  • AThe real-time gross settlement (RTGS) system owned and operated by the Eurosystem
  • BThe system used in Germany for settling high value domestic securities transactions
  • CThe pan-Europe netting system used for reducing credit risk for derivative transactions
  • DThe system used by the European Banking Federation to clear cross border Euro payments

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