[Dec 16, 2021] SOFQ Exam Dumps PDF Updated Dump from CertkingdomPDF Guaranteed Success
Pass Your ICMA Exam with SOFQ Exam Dumps
ICMA SOFQ Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
NEW QUESTION 11
Bond types that are traded at a deeply discounted price are:
- A. Convertible bonds and Exchangeable bonds
- B. Zero coupon bonds
- C. Fixed rate bonds
- D. Floating rate notes
Answer: B
NEW QUESTION 12
'ISO' stands for:
- A. Invention of Standards for Organisations
- B. Intraterritorial Organisation of Securities
- C. International Organisation for Standardisation
- D. Intercontinental Symposium of Organisations
Answer: C
NEW QUESTION 13
The Clearstream Group includes:
- A. The ICSD 'Clearstream Banking Paris' and the NSCD 'Clearstream Banking Munich'
- B. The ICSD 'Clearstream Banking Luxembourg' and the NSCD 'Clearstream Banking Frankfurt'
- C. The ICSD 'Clearstream Banking Amsterdam' and the NSCD 'Clearstream Banking Luxembourg'
- D. The ICSD 'Clearstream Banking Brussels' and the NCSD 'Clearstream Banking Berlin'
Answer: B
NEW QUESTION 14
The two choices for the settlement method utilised within a securities market are:
- A. 'Account Settlement1 and Tumbling Settlement'
- B. 'Continuing Settlement'and'Account Settlement'
- C. Tumbling Settlement' and 'Continuing Settlement'
- D. 'Rolling Settlement' and 'Account Settlement'
Answer: D
NEW QUESTION 15
The type of organisation that provides securities underwriting services is known as a
- A. Investment bank
- B. Insurance company
- C. Commercial bank
- D. Pension fund
Answer: A
NEW QUESTION 16
DTC - the central securities depository for US equities is the abbreviation for:
- A. Deposit and Trade Conglomerate
- B. Depot Transaction
- C. Depository Trust Company
- D. Depot for Trades Corporation
Answer: C
NEW QUESTION 17
A cash amount of GBP 5,909,658.47 lent on a Thursday until the second Monday (just over 1 week later) at a rate of 2.973%, would attract:
- A. 11 days of interest and a cash interest amount of GBP 5294.89
- B. 7 days of interest and a cash interest amount of GBP 3369.48
- C. 13 days of interest and a cash interest amount of GBP 6344.51
- D. 9 days of interest and a cash interest amount of GBP 4392.35
Answer: A
NEW QUESTION 18
On a scale of 1,500,000 Microsoft Corporation shares at a price of USD 3.78 per share, the SEC Fee payable is::
- A. USD 1.89
- B. USD 1890.00
- C. USD 18.90
- D. USD 189.00
Answer: D
NEW QUESTION 19
The following are examples of money market instruments:
- A. Convertible bonds and Mortgage-Backed Securities
- B. Zero coupon bonds and Floating-rate notes
- C. Commercial Paper and Certificate of Deposit
- D. Fixed-rate bonds and Step-up bonds
Answer: C
NEW QUESTION 20
The type of organisation that specializes in deposit-taking and cash loans is known as a:
- A. Private bank
- B. Investment bank
- C. Commercial bank
- D. Mutual fund
Answer: C
NEW QUESTION 21
A bond which pays no interest during its lifetime sand repays capital on its maturity date is known as:
- A. A zero interest bond
- B. A zero interest note
- C. A zero coupon bond
- D. A nil interest bond
Answer: C
NEW QUESTION 22
Thefollowing is an inaccurate statement:
- A. Warrants will expire if not exercised by the expiry date
- B. Warrants are detachable from the original security
- C. Warrants have a variable exercise price
- D. Warrants are exercisable by the warrant holder
Answer: C
NEW QUESTION 23
A S.W.I.FT. 'Bank Identifier Code' comprises::
- A. A bank code, a country code and a location code
- B. A region code, a country code and a city code
- C. A bank code, a continent code and a currency code
- D. A continent code, a country code and a municipality code
Answer: A
NEW QUESTION 24
Within internal books and records, the recording of the trading book on a securities trade facilitates:
- A. Reconciliation of trading positions, per trading book and per security - between the firm's counterparty and the firm's custodian
- B. Reconciliation of trading positions, per trading book and per security - between the trading department and operations
- C. Reconciliation of settled positions, per trading book and per security - between operations and the firm's custodian
- D. Reconciliation of settled positions, per trading book and per security - between the trading department and operations
Answer: B
NEW QUESTION 25
The physical substances of natural gas/ barley and zinc fall within the following financial heading:
- A. Commodities
- B. Derivatives
- C. Securities
- D. Cash
Answer: A
NEW QUESTION 26
An example of an organisation classified as a sovereign wealth fund is:
- A. United Nations
- B. China Investment Corporation
- C. German Government
- D. Xerox Corporation
Answer: B
NEW QUESTION 27
The integrity of internal books & records for securities is proven by ensuring:
- A. The total settled position is equal to the sum of open and closed trades with counterparties
- B. The total settled position is equal to the sum of open trades and trades with a future value date
- C. The total ownership position is equal to the sum of the settled positions plus/minus open trades with counterparties
- D. The total ownership position is equal to the sum of open and closed trades with counterparties
Answer: C
NEW QUESTION 28
A firm executing a securities trade in the capacity of agency broker intends:
- A. Not to take a securities position, and to remain market risk neutral
- B. Not to take a securities position, and not to remain market risk neutra
- C. To take a securities position, and not to remain market risk neutral
- D. To take a securities position, and to remain market risk neutral
Answer: D
NEW QUESTION 29
Where Firm A has borrowed a fixed cash amount on a secured basis from Firm B, an increase in the collateral value means that:
- A. Firm A has exposure and must return some collateral to Firm B
- B. FirmB has exposure and must request additional collateral from Firm A
- C. Firm A has exposure and must request the return of some collateral from Firm B
- D. Firm B has exposure and must request the return of collateral from Firm A
Answer: C
NEW QUESTION 30
The date on which a securities trade is intended to settle is:
- A. The contractual trade date
- B. The actual settlement date
- C. The value date
- D. The trade date
Answer: C
NEW QUESTION 31
......
New Real SOFQ Exam Dumps Questions: https://www.certkingdompdf.com/SOFQ-latest-certkingdom-dumps.html