Effective Study Techniques for the ACI 3I0-013 Exam

At the discretion of the issuer and after the launch

Only with the consent of the note holders

Always in the case of default payment

Only by the custodian with the consent of the issuer

They are generated based on a code profile held for each product type on a time event basis. B. They are generated based on a code profile held for each front office staff member.

They are generated based on the nature of instruments (debits = first priority / credits = second priority).

They are generated in the morning at start of business when there is no direct link to other systems.

The close-out process

The customer matching process

The settlement process

The securities lending process

For a foreign exchange confirmation

For multiple general financial institution transfers

For a general financial institution transfer

For a customer transfer

SWIFT

CHAPS

Euro Link System (ELS)

TARGET2

The fixed rate and the floating rate payers know the cash value of their payments at the outset

There is exchange of principal at the start and at the end of the swap

Payment netting is only allowed through a third party

The notional amount of the swap is generally not exchanged between counterparties

When a trade has been agreed to with dates (maturities) different from the standard dates

When one of the parties to the deal unilaterally decides to withdraw from the on-going transaction

When, due to a system break, one or both parties to the deal chooses to withdraw from the ongoing transaction

When, due to a system break, one or both parties to the deal are unclear as to whether the deal has been done

1. Basic header block, 2. Communication header block, 3. Currency block, 4. Text block, 5. Trailers block

1. Basic header block, 2. Application header block, 3. User header block (optional), 4. Text block, 5. Trailers block

1. Sending header block, 2. Application header block, 3. User header block, 4. Text block (optional), 5. Transmission block

1. Basic header block, 2. System header blocks (optional), 3. User header block, 4. Text block, 5. Security block

A FX Swap

A repurchase agreement

An interest rate swap (IRS)

A dual swaption

USD 1,000,000.00

USD 998,104.17

USD 992,500.00

USD 998,130.14