3I0-013

3I0-013 practice questions, page 16 of 16, with answer review and explanations.

Question 76

In trade confirmation, which one of the following statements about “matching” is correct?

  1. Matching should be performed by no later than the day after trading day
  2. Matching processes are manual and may not be automated
  3. Matching should be performed as soon as possible upon receipt of the confirmation
  4. Confirmation matching should be a post-settlement workflow activity

Question 77

Which interest rate is to be applied in the calculation methodology for back-valuations in EUR?

  1. The flat ECB marginal lending facility rate
  2. The ECB marginal lending facility rate plus 25 b.p.
  3. The average of each day’s EONIA rate minus 25 b.p.
  4. The average of each day’s EONIA rate plus 25 b.p. unless that is higher than the ECB marginal lending facility rate