Free ACI 002-101 Exam Questions

Become ACI Certified with updated 002-101 exam questions and correct answers

Page: 1 / 84

Total 420 Questions | Updated On: Aug 20, 2026

Add To Cart

Question 1

A dealer in the spot foreign exchange market has to assume that a price given to a voice broker is only valid:

A : til the price has been taken off' by the dealer'

B : r a short length of time, usually 30 seconds

C : r a short length of time, typically a matter of seconds

D : r a minute or two

Answer: C

Question 2

Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that deposit is called:

A : rward-forward rate

B : l of the above

C : plied rate

D : eak-even rate

Answer: B

Question 3

If EUR/USD is 1.1025-28 and the 6-month swap is 112.50/113, what is the 6-month outright price?

A : 1.11375-1.1141

B : 1.09125-1.0915

C : ne of these

D : 1.1380-1.11405

Answer: A

Question 4

What is the effect of netting?

A : reduce the size of the balance sheet

B : To reduce the number and size of payments and transfers

C : l of the above

D : reduce exposure to credit risk

Answer: C

Question 5

How can material divergences between the value of cash and collateral be managed in a documented sell/ buy-back?

A : rgin maintenance

B : ther of the above, but usually (b)

C : ther of the above, but usually (a)

D : -pricing

Answer: B

Page: 1 / 84

Total 420 Questions | Updated On: Aug 20, 2026

Add To Cart