3I0-012 Exam Dumps - ACI Dealing Certificate

2.60%

2.75%

2.775%

2.813%

Legal documentation must be put in place as soon as possible after transaction.

All market participants should use the Modified Previous Business Day Convention.

The exact maturity (end) dates for transactions must be agreed as soon as possible after a transaction.

All market participants should use the Modified Following Business Day Convention.

1,239,925.60

1,237,873.80

1,240,694.79

1,242,720.50

a 1x2 FRA short position

a 1- against 2-month buy and sell forward/forward FX swap

a 1- against 2-month sell and buy forward/forward FX swap

a 1- against 2-month forward/forward long position

Time stamps on e-trading platforms need to be internally and globally synchronised to ensure appropriate tracking of trades

All records should be archived and appropriate audit trails must be maintained as required by the local Central Bank

Regular tests for loss of access to external liquidity platforms but not loss of service to clients should be undertaken

Testing of the system’s capability to cope with extreme volumes should be carried out annually

8% of RWA plus conservation buffer

10.5% of RWA plus conservation buffer

8% of RWA plus countercyclical buffer

10.5% of RWA plus countercyclical buffer

when the net spot position plus the forward position plus the delta equivalent of the foreign currency options book add up to zero

when the forward purchases of a foreign currency are equivalent to the equity position in that same currency

when the reverse repurchases of foreign currency are equal to the forward purchases of the functional currency

when the maturity structure of the assets in one currency is closely matched to the maturity structure of liabilities in another