ACI 3I0-013 Dumps
ACI 3I0-013 Dumps
ACI Operations Certificate challenging
| Exam Code | 3I0-013 |
| Exam Name | ACI Operations Certificate challenging |
| Last Update Date | 01 Dec, 2024 |
| No. of Questions | 386 Questions with Explanations |
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ACI 3I0-013 Sample Questions
Question # 1What is volatility?
A. The difference between the current price of an asset and its previous close
B. A statistical measure of price fluctuations as an annualized percentage
C. The measure of the liquidity of a contract or security
D. The difference between the annual high and low of a security
Question # 2
What does ISDA stand for?
A. International Swaps and Derivatives Association
B. Integrated System Data Association
C. International Swap Derivatives Agreement
D. International Swaps Dealer Association
Question # 3
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
Question # 4
A broker:
A. Is an agent who mediates between buyers and sellers, for their mutual financial interest
B. Controls country limits in cooperation with the compliance officer
C. Is responsible for reducing transaction fees
D. Acts as a correspondent bank
Question # 5
You take a EUR deposit on Monday, 13 February. Assuming there are no intervening bank holidays, what is the one-month maturity date?
A. Monday, 13 March
B. Tuesday, 14 March
C. Wednesday, 15 March
D. Thursday, 16 March
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