ACI
3I0-013 · Question #293
3I0-013 Question #293: Real Exam Question with Answer & Explanation
The correct answer is B. One net settlement per currency, per day. See the full explanation below for the reasoning.
Question
The use of a bilateral netting scheme for FX settlements results in:
Options
- AOne net settlement per currency, per counterparty, per day
- BOne net settlement per currency, per day
- CA single net settlement per day
- DMultiple settlements per currency, per counterparty, per day for those netted settlements
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