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Vendor: ACI
Exam Code: 3I0-010
Exam Name: ACI - Operations Certificate
Certification: ACI-Financial Markets Association
Total Questions: 342 Q&A
Updated on: Dec 16, 2024
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What is an essential feature of nostro reconciliations?
A. that a daily nostro reconciliation report is sent out to the correspondent bank
B. that they are performed before the next business day
C. that they are performed in a timely and efficient way
D. that open items are booked on an internal account
A dealer, seeking to refinance a money market short position in USD, could choose to:
A. sell EUR/USD or GBP/USD spot
B. deal Reverse Repos (Reverse Sale and Repurchase Agreements)
C. place USD in tom next
D. deal Repos (Sale and Repurchase Agreements)
In hedging, caps are
A. frequently purchased by issuers of floating rate debt
B. frequently sold by issuers of floating rate debt
C. frequently sold by issuers having an FX risk
D. frequently purchased by issuers having an FX risk
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The following table comprehensively analyzes the quality and value of ACI-Financial Markets Association 3I0-010 exam materials.