ACI
3I0-013 · Question #246
3I0-013 Question #246: Real Exam Question with Answer & Explanation
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Question
If a GBP/CHF trade is made on the spot foreign exchange market on Tuesday, when will the two currencies be settled if tomorrow (Wednesday) is a bank holiday in the U.K.?
Options
- ABoth currencies will be settled value date Friday
- BGBP will be settled value Friday, CHF value Thursday
- CBoth currencies will be settled value Thursday
- DGBP will be settled value today, CHF will be settled value Friday
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