ACI Dealing Certificate 3I0-012 Question # 340 Topic 12 Discussion

ACI Dealing Certificate 3I0-012 Question # 340 Topic 12 Discussion

3I0-012 Exam Topic 12 Question 340 Discussion:
Question #: 340
Topic #: 12

When banks transact FX swaps, the spot price should be determined:


A.

anytime after the swap is transacted


B.

before the swap is transacted


C.

immediately after the swap is transacted


D.

no less than 24 hours after the completion of the swap


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