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ACI Dealing Certificate

Exam Details

  • Exam Code
    :3I0-012
  • Exam Name
    :ACI Dealing Certificate
  • Certification
    :ACI-Financial Markets Association
  • Vendor
    :ACI
  • Total Questions
    :740 Q&As
  • Last Updated
    :May 07, 2024

ACI ACI-Financial Markets Association 3I0-012 Questions & Answers

  • Question 731:

    Which party usually takes an initial margin in a classic repo?

    A. The buyer

    B. The seller

    C. Neither

    D. Both

  • Question 732:

    What are the primary reasons for taking an initial margin in a classic repo?

    A. Counterparty risk and operational risk

    B. Counterparty risk and legal risk

    C. Collateral illiquidity and counterparty risk

    D. Collateral illiquidity and legal risk

  • Question 733:

    Which of the following is not a negotiable instrument?

    A. CD

    B. FRA

    C. BA

    D. ECP

  • Question 734:

    Which of the following is a Eurocurrency deposit?

    A. A 3-month deposit of USD 10,000,000.00 offered by a US bank in New York

    B. A 3-month deposit of USD 10,000,000.00 offered by the US branch of a UK bank in New York

    C. A 3-month deposit of USD 10,000,000.00 offered by a US bank in London

    D. A 3-month deposit of GBP 10,000,000.00 offered by the UK branch of a US bank in London

  • Question 735:

    What is EONIA?

    A. Volume-weighted average overnight EUR deposit rate

    B. Volume-weighted average overnight EUR LIBOR

    C. Arithmetic average overnight EUR deposit rate

    D. ECB overnight lending rate

  • Question 736:

    Which of the following currencies is quoted on an ACT/360 basis in the money market?

    A. SGD

    B. PLN

    C. GBP

    D. NZD

  • Question 737:

    Today's spot value date is the 30th of June. What is the maturity date of a 2-month EUR deposit deal today? Assume no bank holidays.

    A. 27th August

    B. 30th August

    C. 31st August

    D. 1 September

  • Question 738:

    How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00 (principal plus interest) in 90 days?

    A. GBP 1,997,253.78

    B. GBP 1,997,291.34

    C. GBP 1,997,287.67

    D. GBP 1,997,250.00

  • Question 739:

    From the following GBP deposit rates:

    1M (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55% 4M (123-day) GBP deposits 0.65% 5M (153-day) GBP deposits 0.70% 6M (184-day) GBP deposits 0.75%

    Calculate the 3x4 forward-forward rate.

    A. 0.60%

    B. 0.949%

    C. 1.074%

    D. 0.933%

  • Question 740:

    What is the amount of the principal plus interest due at maturity on a 1-month (32-day) deposit of USD 50,000,000.00 placed at 0.37%?

    A. EUR 50,015,416.67

    B. EUR 50,016,219.18

    C. EUR 50,016,444.44

    D. EUR 50,016,958.33

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