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Question: 1

You take a EUR deposit on Monday, 13 February. Assuming there are no intervening bank holidays, what is the one-month maturity date?

  1. Monday, 13 March
  2. Tuesday, 14 March
  3. Wednesday, 15 March
  4. Thursday, 16 March

Answer: C

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Question: 2

A broker:

  1. Is an agent who mediates between buyers and sellers, for their mutual financial interest
  2. Controls country limits in cooperation with the compliance officer
  3. Is responsible for reducing transaction fees
  4. Acts as a correspondent bank

Answer: A

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Question: 5

What is volatility?

  1. The difference between the current price of an asset and its previous close
  2. A statistical measure of price fluctuations as an annualized percentage
  3. The measure of the liquidity of a contract or security
  4. The difference between the annual high and low of a security

Answer: B

Question: 2

A broker:

  1. Is an agent who mediates between buyers and sellers, for their mutual financial interest
  2. Controls country limits in cooperation with the compliance officer
  3. Is responsible for reducing transaction fees
  4. Acts as a correspondent bank

Answer: A