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ACI

3I0-013 · Question #43

A middle or back office clerk receives an FX ticket in which the counterparty is not clearly identified. What should he/she do?

The correct answer is C. Refer the ticket to the FX dealer for further details. See the full explanation below for the reasoning.

Question

A middle or back office clerk receives an FX ticket in which the counterparty is not clearly identified. What should he/she do?

Options

  • AKeep the ticket in"stand-by mode"until a matching confirmation is received
  • BImmediately refer the ticket to the compliance officer
  • CRefer the ticket to the FX dealer for further details
  • DRefer the ticket to the nostro account manager for further instructions

How the community answered

(17 responses)
  • A
    6% (1)
  • B
    6% (1)
  • C
    71% (12)
  • D
    18% (3)

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Full 3I0-013 Practice