Logo ExamsQA
Exit
Official Bank 0/251

ACI-DEALING CERTIFICATE (3I0-008) - ACI Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
251 Total Questions
1
Question
The delta of an at-the-money long call option is:
Options
A Zero
B +0.5
C Between +0.5 and +1
D Between 0 and +0.5
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

2
Question
Basis risk on a futures contract is:
Options
A The risk of a divergence between the futures price and the final fixing of the underlying interest rate
B The risk of an adverse change in the spread between futures and cash prices
C The risk of an adverse change in the futures price
D The progressive illiquidity of a futures contract as it approaches expiry
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

3
Question
Bank B’s price is shown by a broker to Bank A and is dealt by Bank A . If Bank A wants to increase the amount of the transaction, what is good market practice according to the Model Code:
Options
A Bank A should go back to the broker.
B Bank A should wait 10 minutes before calling Bank B.
C Bank A cannot increase the amount.
D Bank A can call Bank B directly.
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

4
Question
Which of the following is true?
Options
A All of the above
B The Euronext.LIFFE JPY futures contract has a tick value of JPY 2,500 and a face value of JPY
C The CME eurodollar futures contract has a minimum price interval of one-quarter tick (0.0025) for
D The Euronext.LIFFE short sterling futures contract has a tick value of GBP 12.50 and a face value of
GBP 1,000,000
1,000,000,000
the nearest contract
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

5
Question
Dealers are allowed to trade for their own account if:
Options
A The dealers see no conflict of Interest in such dealing.
B There has been no previous conflicts of interest in the dealing room.
C There is a clearly laFd down policy.
D The dealers have good track records in their dealing both for the institution and for themselves.
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

Finish Practice?

Are you sure you want to finish? This will end your practice session.