Today’s date is Thursday 12th December. What is the spot value date? Assume no bank holidays.
You are quoted the following rates:
Spot cable1.5340-43
0/N cable swap0.14/0.11
T/N cable swap0.16/0.13
S/N cable swap0.43/0.37
At what rate can you buy cable for value tomorrow?
You are quoted the following market rates:
Spot EUR/USD 1.3097-00
0/N EUR/USD swap 0.08/0.11
TIN EUR/USD swap 0.29/0.34
S/N EUR/USD swap 0.10/0.13
Where can you buy EUR against USD for value tomorrow?
Where there are shared management responsibilities or where an investment or shareholding exists in a broker by a counterparty:
You are quoted the following rates:
Spot EUR/NOK7.5250-60
O/N EUR/NOK swap 3.10/3.20
T/N EUR/NOK swap 3.12/3.22
S/N EUR/NOK swap 9.35/9.55
At what rate can you sell EUR against NOK for value tomorrow?
Which of the following statements about “standard settlement instructions” (SSI) is correct?
If the yield curve is upward sloping, a bank would not profit from:
How much is one big figure worth per million of base currency if EUR/GBP is 0.8990?
A customer would hedge a currency exposure with a forward FX time option if:
What should be done when a voice broker calls “off” at the very instant the dealer hits the broker’s price as “mine” or “yours”?
Once a prime-broker has matched and accepted a trade, separate confirmations must be exchanged between:
Which one of the formulae below is correct?
What happens when a coupon is paid on bond collateral during the term of a sell/buy-back?
The interest earned on a USD 5,000,000.oo money market deposit for 184 days is USD 12,500.00. What was the interest rate?
You are the fixed-rate payer in a plain vanilla interest rate swap. If your counterparty defaults, your exposure at default is:
