The following are examples of money market instruments:
A. Zero coupon bonds and Floating-rate notes
B. Convertible bonds and Mortgage-Backed Securities
C. Fixed-rate bonds and Step-up bonds
D. Commercial Paper and Certificate of Deposit
Where the term 'Ordinary Shares' is used in the UK, the equivalent term in the US is:
A. Common stock
B. Corporate Shares
C. Normal Shares
D. Ordinary Stock
IPO' stands for:
A. International Private Offering
B. Inclusive Pre Offering
C. Initial Public Offering
D. Integrated Post Offering
The ISIN stands for:
A. International Securities Identification Number; a 13-character alpha-numeric code
B. International Secondary ID Notation; a 13-character alpha-numeric code
C. International Securities Identification Number; a 12-character alpha-numeric code
D. International Secondary ID Notation; a 12-character alpha-numeric code
A S.W.I.FT. 'Bank Identifier Code' comprises::
A. A region code, a country code and a city code
B. A bank code, a country code and a location code
C. A continent code, a country code and a municipality code
D. A bank code, a continent code and a currency code
The number of days of accrued interest, and the cash value of accrued interest - on a trade of USD 45,000,000 World Bank 4.37% Bonds 1st December 2032, paying interest semi- annually on 1st December and Ist June, trade date 22~d October, value date 25tl October, is:
A. 144 days and USD 786,600.00
B. 174 days and USD 950,475.00
C. 141 days and USD 770,212.50
D. 171 days and USD 934,087-50
The International Monetary Fund is an example of:
A. A supranational organisation
B. A sovereign wealth fund
C. An investment bank
D. A securities market regulator
Internal trading systems typically do not:
A. Reflect the firm's settled positions at CSDs/custodians
B. Have the capability to capture new trades
C. Hold the firm's current trading positions
D. Have the capability to amend and cancel trades
FTM Levy is charged:
A. On US equity trades -where the gross consideration is in excess of USD 10,000.00
B. On UK equity trades where the gross consideration is GBP 10,000.00 and above
C. On US equity trades where the gross consideration is USD 10,000.00 and below
D. On UK equity trades where the gross consideration is in excess of GBP 10,000.00
A firm executing a securities trade in the capacity of agency broker intends:
A. To take a securities position, and to remain market risk neutral
B. Not to take a securities position, and not to remain market risk neutra
C. Not to take a securities position, and to remain market risk neutral
D. To take a securities position, and not to remain market risk neutral
