Free ACI 3I0-013 Practice Exam with Questions & Answers | Set: 12

Claims after 30 days of the actual settlement date need not to be submitted.

Claims should be sent to the counterparty as soon as possible and within 30 days at the latest.

Claims must be sent to the counterparty within 15 days of the actual settlement date,

The maximum time limit for a claim submission is 60 days.

To avoid too heavy a workload for operations staff

To reduce settlement and credit risk

To enhance the straight through processing

To reduce the brokerage fees

A security the owner has the right to convert

A security the issuer has the right to redeem

A security the owner has the right to redeem

A security the issuer has the right to convert

The notional amount of a contract

A deposit amount per contract that is determined by the futures exchange

The maximum net loss during the contract period

The minimum net loss during the contract period

The maximum daily price change permissible on the futures exchange

A temporary suspension of trading at a futures exchange

The initial margin requirements at a futures exchange

The minimum fluctuation in price allowed for a futures contract as specified by the contract terms