A bond which permits the issuer to redeem the bond prior to its maturity date is known as a:

A. Demandable bond

B. Callable bond

C. Requestable bond

D. Askable bond

The two choices for the settlement method utilised within a securities market are:

A. 'Account Settlement1 and Tumbling Settlement'

B. Tumbling Settlement' and 'Continuing Settlement'

C. 'Continuing Settlement'and'Account Settlement'

D. 'Rolling Settlement' and 'Account Settlement'

The date on which a securities trade is intended to settle is: A. The actual settlement date

B. The contractual trade date

C. The value date

D. The trade date

'Sub-custodian' is a term that is applicable to:

A. International central securities depositories

B. Global custodians

C. Local custodians

D. National central securities depositories

The 3 largest centres for foreign exchange trading are:

A. US, 2) Japan, 3) UK

B. Hong Kong, 2) UK, 3) US

C. US, 2) Singapore, 3) UK

D. UK, 2) US, 3) Singapore

A S.W.I.FT. 'Bank Identifier Code' comprises::

A. A region code, a country code and a city code

B. A bank code, a country code and a location code

C. A continent code, a country code and a municipality code

D. A bank code, a continent code and a currency code

A S.W.I.FT. MT541 instructs a custodian to:

A. Receive securities on a Free of Payment basis

B. Receive securities on a Delivery versus Payment basis

C. Deliver securities on a Delivery versus Payment basis

D. Deliver securities on a Free of Payment basis

Within the security entitled 'Exxon Mobil Corporation USD 1.00 Common Stock', the 'USD 1.00' is commonly known as the:

A. issue value

B. par value

C. notional quantity

D. share size

The abbreviation WAC stands for:

A. Wheel and Calculate

B. Weighted Average Cost

C. West Against Charge

D. Wait About Control

A firm executing a securities trade in the capacity of agency broker intends:

A. 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. Not to take a securities position, and to remain market risk neutral

D. To take a securities position, and not to remain market risk neutral