ACI
3I0-013 · Question #17
What is a settlement date?
The correct answer is C. The date, on which settlement must be made on the contracted amount or the differential. See the full explanation below for the reasoning.
Question
What is a settlement date?
Options
- AThe date by which the interest payment on an operation must be made
- BThe last date by which the minimum reserve amount can be paid to the central bank
- CThe date, on which settlement must be made on the contracted amount or the differential
- DThe date a deal is processed
How the community answered
(43 responses)- A12% (5)
- B5% (2)
- C77% (33)
- D7% (3)
Community Discussion
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