Which of the following is the best description of a “broken trade”?
What is a long strangle option strategy?
If you funded your fixed-income investment portfolio with short-term deposits, how would you hedge your interest rate exposure with interest rate swaps?
The buyer of a USD/ARS NDF could be:
Principals who enter into an interest rate swap with the intention of shortly afterwards assigning or transferring the swap to a third party:
The 180-day CAD/CHF rate is bid 62 and the 90-day CAD/CHF rate is bid 29. What is the bid rate for 120 days, assuming straight-line interpolation?
Where there are shared management responsibilities or where an investment or shareholding exists in a broker by a counterparty:
What is the purpose of a short straddle option strategy?
If I say that I have “bought and sold” EUR/USD in an FX swap, what have I done?
Which of the following will tend to have the lowest yield?
The rho of an option is:
If you sell forward USD to a client against EUR, what is the first thing you should do to cover your exposure to exchange rate movements?
What is the major difference between a CD and a deposit?
Which of the following is a Model Code good practice regarding the passing of names?
You have borrowed at 3-month LIBOR+50. LIBOR for the loan will be re-fixed in exactly one month. The market is quoting:
1x3 USD FRA 0.42-45%
1x4 USD FRA 0.54-58%
1x5 USD FRA 0.57-62%
To hedge the next LIBOR fixing, you should:
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