ACI Dealing Certificate 3I0-012 Question # 255 Topic 4 Discussion

ACI Dealing Certificate 3I0-012 Question # 255 Topic 4 Discussion

3I0-012 Exam Topic 4 Question 255 Discussion:
Question #: 255
Topic #: 4

Today, you sell GBP 5,000,000.00 to a customer against JPY for spot value. Tomorrow, the customer defaults. What is your exposure called?


A.

Replacement risk


B.

Settlement risk


C.

Legal risk


D.

Basis risk


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