ACI

3I0-013 · Question #204

In settlement, which "know your trade" best practice is incorrect?

The correct answer is D. A trade booked in the front office should be available to the cash management department no. See the full explanation below for the reasoning.

Question

In settlement, which "know your trade" best practice is incorrect?

Options

AEach transaction should be processed always in advance of the payment cut-off time.
BKnow the status of your trade.
CPrioritize trade settlement considering payment cut off times including currency sensitivity and
DA trade booked in the front office should be available to the cash management department no

How the community answered

(27 responses)

A
7% (2)
B
19% (5)
C
4% (1)
D
70% (19)

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Full 3I0-013 Practice