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Vendor: ACI
Exam Code: 3I0-008
Exam Name: ACI Dealing Certificate
Certification Provider: ACI
Total Questions: 320 Q&A
Updated on: Jul 01, 2026
Note: Product instant download. Please sign in and click My account to download your product.Click on the Detail Button to view the Formula Sheet. What is settlement risk in FX?
A. The risk of failure of a payments or settlement system
B. The risk that only one side of an exchange of currencies will be made
C. The risk of payments gridlock in a real-time gross settlement system
D. The risk that default by a counterparty before the value date means you have to replace the defaulted deal at a worse rate
Click on the Detail Button to view the Formula Sheet. Bank A pays for EURO 5 m at 1.1592. Bank B offers EURO 10 m at 1.1597. Broker XYZ quotes to the market EURO / USD 1.1592/97. Bank C takes the offer at 97. The broker is obliged to reveal:
A. The name of Banks A and B
B. The name of Bank B only.
C. The amount that was bid but not the name of Bank A
D. None of the above
Click on the Detail Button to view the Formula Sheet. The one-month (31-day) GC repo rate for French government bonds is quoted to you at 3.75-80%. As collateral, you are offered EUR25 million nominal of the 5.5% OAT April 2006, which is worth EUR 28,137,500. If you impose an initial margin of 1%, the Repurchase Price is:
A. EUR 27,947,276.43
B. EUR 27,946,077.08
C. EUR 27,950,071.43
D. EUR 27,948,871.97
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