3I0-013 Exam Dumps - ACI-Financial Questions and Answers

Is based on the interest rate differential between the two currencies

Is based on the same calculation method as the forward rate agreements (FRA)

Is based on linear interpolation

Is based on the calculation of compound interest rates

Profiles for functions are encouraged and should be reviewed semi-annually by a manager.

Developers should have unrestricted access to production systems.

Access to production systems should be rigorously controlled.

Users should not have access to change system functionalities.

The head of trading

The head of IT

The board of directors (top management)

One cannot say, it depends on the financial institution

Buy an IRS

Sell an IRS

Buy a FRA

Do nothing because the bond coupon is already a fixed rate

Operational risk

Market risk

Systemic risk

Credit risk

Official prices calculated by the exchange at the close of trading for the purpose of making margin calculations

Official prices calculated by a panel of central banks

Official prices calculated by the central bank where the stock exchange is located

Never used

Certificate of Deposit (CD)

FRA

US Treasury Note

ECP

Frequently purchased by issuers of floating rate debt

Frequently sold by issuers of floating rate debt

Frequently sold by issuers having an FX risk

Frequently purchased by issuers having an FX risk

Verbal confirmation

Voice affirmation

Electronic confirmation

Physical confirmation

30/360

ACT/365

ACT/ACT

ACT/360