ACI Dealing Certificate - 3I0-012 Exam Practice Test

A. They need not be posted in an appropriate trading style.

B. They must be identified as indicative rates only.

C. They must be posted subject to later credit line approval.

D. They must be posted with a clear intent to be tradable.

A. Commission paid by both parties at rates agreed beforehand

B. Bid/offer spread

C. A share of the bid/offer spread

D. A fee paid by the seller

A. 1.29%

B. 0.65%

C. 1.32%

D. 1.28%

A. Planning the maturity structure and net funding requirements arising from banking book and trading book transactions.

B. Selling distressed assets and investing in bank liabilities trading at distressed levels.

C. Planning the liability structure and net funding requirements arising from trading book assets carried at amortized cost.

D. Making sure that fixed assets are depreciated according to the applicable tax code.

A. Information that could be damaging to a third party

B. Price-sensitive information

C. Unsubstantiated rumours

D. Unsubstantiated information that they suspect may be inaccurate and damaging to a third party

A. Treasury bill

B. BA

C. USCP

D. CD

A. This is a normal volume discount.

B. The offer requires approval in writing by both senior managements.

C. The offer requires agreement in writing between the broker and the dealer.

D. This is illegal.

A. compares liquid and reliably liquidating assets to expected cash outflows from specified run-off rates for various liability classes under a short-term stress scenario

B. tied directly into the internal ratings-based approach for determining the liquidity of creditcounterparties

C. is a new rule that compares liquid asset levels in banks to their available equity capital

D. spells out a modernized system for calculating the required minimum reserve that banks must hold at the central bank

A. up to one month

B. at least three months

C. one year

D. at least two months

A. derivatives cleared via a CCP

B. bilaterally cleared ABS trades only

C. exchange traded derivatives only

D. bilaterally settled OTC derivatives trades