3I0-012 Exam Dumps - ACI Dealing Certificate

The following Monday

Saturday

Sunday

The previous Friday

8.30%

8.52%

8.54%

8.69%

One year

270 days

183 days

5years

ECP

BA or bank bill

Treasury bill

CD

Claims are not expected to be submitted after 15 days from the actual settlement date.

Claims of less than USD 5,000.00 are not expected to be submitted.

Claims are calculated on the full principal amount of the failed transaction. Interest rates are imposed by the agent banks, unless a higher negotiated rate is to be applied.

Acknowledgement of receipt of a claim should be confirmed within 48 hours by email or SWIFT.

A fixed-floating money market swap in which the floating rate is an overnight index fixed periodically over the term of the swap

A fixed-floating money market swap in which the floating rate is the mean of the overnight index over the term of the swap

A fixed-floating money market swap in which the floating rate is an overnight index compounded daily

A floating-for-floating rate swap in different currencies in which both floating rates are overnight indexes compounded daily

The Model Code emphasizes the importance of clear, concise documentation and on-going lines of communication.

Bank management must guarantee a fixed price execution to the counterparty.

The Model Code recommends that only experienced dealers should be allowed to take such orders.

Bank staff must secure the approval of the counterparty’s management to accept such orders.

Replacement risk

Settlement risk

Legal risk

Basis risk