ACI Operations Certificate challenging 3I0-013 Question # 119 Topic 1 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 119 Topic 1 Discussion

3I0-013 Exam Topic 1 Question 119 Discussion:
Question #: 119
Topic #: 1

A non deliverable forward (NDF) is a:


A.

Cash-settled currency forward between two counterparties


B.

Exchange-traded, cash-settled currency forward


C.

Over-the-counter, cash-settled spot FX


D.

Principal-settled currency forward between two counterparties


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