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ACI Operations Certificate

Exam Details

  • Exam Code
    :3I0-010
  • Exam Name
    :ACI Operations Certificate
  • Certification
    :ACI Certifications
  • Vendor
    :ACI
  • Total Questions
    :342 Q&As
  • Last Updated
    :

ACI ACI Certifications 3I0-010 Questions & Answers

  • Question 71:

    Your trader has bought EUR 5,000,000.00 against USD at 1.0891. How much would you expect to pay for settlement?

    A. USD 4,590,946.65

    B. USD 5,545,500.00

    C. USD 4,582,951.42

    D. USD 5,445,500.00

  • Question 72:

    Your dealer has bought USD 5,000,000.00 against EUR at a rate of 1.0785. In settlement you would expect to:

    A. receive EUR 4,636,068.61

    B. receive EUR 5,392,500.00

    C. pay EUR 4,636,068.61

    D. pay EUR 5,392,500.00

  • Question 73:

    If Bank A sells securities to Bank B, and at the same time and as part of the same transaction, commits to repurchase equivalent securities on a specified future date, Bank A has dealt:

    A. an asset swap

    B. a CFD (contract for difference)

    C. a repo

    D. a securities lending

  • Question 74:

    A Certificate of Deposit (CD) was issued at 7%, which you now purchase at 5 3/4%. What would you expect to pay?

    A. the original face value of the CD

    B. more than the originally paid value

    C. less than the originally paid value

    D. there is too little information to decide

  • Question 75:

    Which of the following is a negotiable instrument?

    A. a fixed time deposit

    B. an on call deposit

    C. a fiduciary deposit

    D. a certificate of deposit

  • Question 76:

    What is the maximum term London Certificates of Deposit are issued?

    A. 12 months

    B. 18 months

    C. 5 years

    D. 2 years

  • Question 77:

    Commercial Paper for USD 5 million was issued at 5%, which you now buy to yield 3 3/4%. What would you expect to pay?

    A. the face value of 5 million

    B. more than 5 million

    C. less than 5 million

    D. cannot decide based on the information supplied

  • Question 78:

    Which interest rates are used to calculate the exchange rate of an outright transaction value tomorrow (over tom)?

    A. the overnight interest rates of both currencies

    B. the spot next interest rates of both currencies

    C. the one week interest rates of both currencies

    D. the tom next interest rates of both currencies

  • Question 79:

    Your FX swap dealer bought and sold 1 month EUR/USD 25,000,000.00; rates were set to 1.2500 against 1.2520. What payment is your bank expecting in a month from now?

    A. USD 31,300,000.00

    B. USD 31,250,000.00

    C. EUR 25,000,000.00

    D. USD 19,968,051.12

  • Question 80:

    Your FX swap dealer sold and bought 2 months USD/CHF 10,000,000.00; rates were set to 1.2000 against 1.1930. What payment is your bank expecting in two months from now?

    A. USD 10,000,000.00

    B. CHF 11,930,000.00

    C. CHF 8,382,229.67

    D. CHF 10,000,000.00

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