ACI certification 3I0-010 exam training materials

The person who has been able to succeed is because that he believed he can do it. IT-Tests.com is able to help each IT person, because it has the capability. IT-Tests.com ACI 3I0-010 exam training materials can help you to pass the exam. Any restrictions start from your own heart, if you want to pass the ACI 3I0-010 examination, you will choose the IT-Tests.com.

Our IT-Tests.com is a professional website to provide accurate exam material for a variety of IT certification exams. And IT-Tests.com can help many IT professionals enhance their career goals. The strength of our the IT elite team will make you feel incredible. You can try to free download part of the exam questions and answers about ACI certification 3I0-010 exam to measure the reliability of our IT-Tests.

Exam Code: 3I0-010

Exam Name: ACI (ACI - Operations Certificate)

IT-Tests.com ACI 3I0-010 Training Kit is designed and ready by IT-Tests.com IT experts. Its design is closely linked to today's rapidly changing IT market. . IT-Tests.com training to help you take advantage of the continuous development of technology to improve the ability to solve problems, and improve your job satisfaction. The coverage IT-Tests.com ACI 3I0-010 questions can reach 100% , as long as you use our questions and answers, we guarantee you pass the exam the first time!

In order to help you more IT-Tests.com the ACI 3I0-010 exam eliminate tension of the candidates on the Internet. 3I0-010 study materials including the official ACI 3I0-010 certification training courses, ACI 3I0-010 self-paced training guide, 3I0-010 exam IT-Tests.com and practice, 3I0-010 online exam 3I0-010 study guide. 3I0-010 simulation training package designed by IT-Tests.com can help you effortlessly pass the exam. Do not spend too much time and money, as long as you have IT-Tests.com learning materials you will easily pass the exam.

The IT expert team use their knowledge and experience to make out the latest short-term effective training materials. This training materials is helpful to the candidates. It allows you to achieve the desired results in the short term. Especially those who study while working, you can save a lot of time easily. IT-Tests.com's training materials are the thing which you most wanted.

3I0-010 (ACI - Operations Certificate) Free Demo Download: http://www.it-tests.com/3I0-010.html

NO.1 What is a feature of multilateral netting?
A. there are no more than two participants involved in the netting process
B. there is no redistribution of default risk
C. there is a central clearing house
D. no legal entity is required
Answer: C

ACI certification   3I0-010 questions   3I0-010   3I0-010

NO.2 What is a nostro bank account?
A. an account held with another bank
B. an account another bank holds with you
C. a trust account
D. a suspense account
Answer: A

ACI braindump   3I0-010   3I0-010

NO.3 How many characters does a BIC have? (Under ISO standard 9362, 2nd edition)
A. 6 or 9 characters
B. 9 or 12 characters
C. 7 or 10 characters
D. 8 or 11 characters
Answer: D

ACI certification   3I0-010 questions   3I0-010   3I0-010 exam dumps

NO.4 You have two nostro accounts in USD, one account is long USD 5 million and the other is short USD 5
million. What action should be taken to reconcile the accounts?
A. No action is required. The credit interest earned on the credit balance will offset the debit interest
incurred on the short balance
B. You should borrow USD 5 million to cover the short balance and leave the long balance as it is
C. You should lend the surplus USD 5 million in order to overdraft charges on the short balance with the
interest earned on the loan
D. You should instruct the bank with the long balance to pay USD 5 million to the other bank
Answer: D

ACI   3I0-010 braindump   3I0-010

NO.5 If the EUR/USD is quoted to you as 1.1050-53, what does this price represent?
A. EUR per USD
B. USD per EUR
C. the interest rate differential between EUR and USD
D. the fact that one USD is worth more than one EUR
Answer: B

ACI certification   3I0-010 exam prep   3I0-010

NO.6 What type of documentation is recommended for repos in the international markets?
A. An Overseas Securities Lenders Agreement
B. A ISDA Master Repurchase Agreement
C. A SIFMA/ICMA Global Master Repurchase Agreement
D. An International Securities Lenders Agreement
Answer: C

ACI braindump   3I0-010 pdf   3I0-010 certification   3I0-010 pdf   3I0-010

NO.7 Your money market dealer has lent GBP 5,000,000.00 at 4 3/4% for 6 months (183 days). How much
must the counterparty pay back to you in capital plus accrued interest at maturity?
A. GBP 5,117,123.29
B. GBP 5,119,075.00
C. GBP 5,119,075.34
D. GBP 5,120,729.17
Answer: C

ACI   3I0-010   3I0-010 practice test   3I0-010 practice test

NO.8 Today is the fixing date for 6x9 FRA that you sold at 5.50% and for which the FRABBA LIBOR is now
6.00%. Which of the following is true?
A. You will pay a cash settlement to the counterparty
B. You will receive the cash settlement
C. There is no cash settlement pending
D. There is insufficient information to make a determination
Answer: A

ACI   3I0-010   3I0-010 exam dumps   3I0-010

NO.9 Under normal circumstances, which of the following is a non-negotiable instrument?
A. a Medium Term Note
B. a Bankers Acceptance
C. a Money Market Deposit
D. a Treasury Bill
Answer: C

ACI   3I0-010   3I0-010

NO.10 You have just opened a position in EUR/USD that you run overnight. What risk is present?
A. settlement, counterparty and equity risk
B. only counterparty risk
C. only currency and interest rate risks
D. settlement, counterparty and market risk
Answer: D

ACI   3I0-010 exam prep   3I0-010 practice test   3I0-010

NO.11 In FX swaps, the rate of the spot leg
A. may be freely chosen by the quoting party as long as both parties agree on it
B. must always be fixed immediately at the current mid rate, to reflect the rate at the time the deal was
made
C. should be fixed immediately within the current spread, to reflect current rates at the time the
transaction was made
D. should always be fixed off the current spread in order not to be mistaken for a spot FX transaction
Answer: C

ACI braindump   3I0-010   3I0-010   3I0-010 test questions   3I0-010

NO.12 The control failings involving Barings and Daiwa highlight the critical importance of what operational risk
management practice?
A. the taping of conversations between counterparties
B. model signing-off and implementation controls
C. the separation between front/back office duties
D. the existence of contingency plans
Answer: C

ACI practice test   3I0-010 test answers   3I0-010   3I0-010   3I0-010

NO.13 When should discrepancies between front-office and back-office systems be resolved?
A. by the end of the trading day
B. on the next business day
C. on the value date
D. as soon as they become apparent
Answer: D

ACI exam dumps   3I0-010 demo   3I0-010 exam prep   3I0-010 study guide   3I0-010 demo   3I0-010 exam simulations

NO.14 The prompt sending and checking of confirmations is considered a best practice when dealing in:
A. amounts higher than USD 10,000,000.00 or the equivalent in other currencies
B. amounts higher than USD 1,000,000.00 or the equivalent in other currencies
C. any amount unless dealt via a broker
D. any amount by any counterparty
Answer: D

ACI exam prep   3I0-010   3I0-010   3I0-010 dumps

NO.15 The notional amount in an interest rate swap is:
A. the sum of all the fixed and floating rate payments
B. the net difference between fixed and floating rate payments
C. the principal amount on which floating and fixed interest payments is calculated
D. the amount at which the two counterparties can close-out their transaction
Answer: C

ACI exam simulations   3I0-010 original questions   3I0-010 certification   3I0-010 questions

NO.16 What does "modified following business day convention" mean?
A. a convention whereby a transaction is dated the following business day, unless that day extends into
the next month, in which case it is dated the preceding business day
B. a convention whereby a transaction is dated the following business day
C. a convention whereby a transaction is dated the preceding business day
D. a convention whereby a transaction is dated the next business day that corresponds to the same
numerical day of the month as the preceding payment
Answer: A

ACI   3I0-010 test questions   3I0-010   3I0-010   3I0-010 original questions

NO.17 Which of the following is the main objective of position-keeping?
A. measuring market exposure
B. defining capital adequacy
C. evaluating country risk
D. monitoring counterparty credit risk
Answer: A

ACI   3I0-010 questions   3I0-010   3I0-010 exam prep

NO.18 Physical securities reconciliation software packages are based on:
A. SWIFT message type 5XX
B. SWIFT message type 2XX
C. SWIFT message type 320
D. SWIFT message type 400
Answer: A

ACI questions   3I0-010 certification training   3I0-010 demo

NO.19 The maximum term for which a London Certificate of Deposit may be issued is:
A. 1 year
B. 3 years
C. 5 years
D. 10 years
Answer: C

ACI certification training   3I0-010   3I0-010   3I0-010 exam   3I0-010 test

NO.20 A collateral pool can be defined as:
A. assets lent by members of a payment system collectively available to the system as collateral to enable
them to obtain funds in specific circumstances
B. liabilities owned by members of a payments system collectively available to the system as collateral to
enable them to obtain funds in specific circumstances
C. assets owned by members of a payment system collectively available to the system as collateral to
enable them to obtain funds in specific circumstances
D. assets swapped by members of a payment system collectively available to the system as collateral to
enable them to obtain funds in specific circumstances
Answer: C

ACI   3I0-010   3I0-010   3I0-010 demo

Are you still worrying about how to safely pass ACI certification 3I0-010 exams? Do you have thought to select a specific training? Choosing a good training can effectively help you quickly consolidate a lot of IT knowledge, so you can be well ready for ACI certification 3I0-010 exam. IT-Tests's expert team used their experience and knowledge unremitting efforts to do research of the previous years exam, and finally have developed the best pertinence training program about ACI certification 3I0-010 exam. Our training program can effectively help you have a good preparation for ACI certification 3I0-010 exam. IT-Tests's training program will be your best choice.